| A | B |
| Full Time Employment | When an employee is working for at least 30 hours a week, or 130 hours per month. |
| Part Time Employment | When an employee works less than 30 hours per week, less than 130 hours per month. |
| Contract Employment | Hired as a temporary employee due to their expertise in a specific area and complete a specific project within a certain timeframe. |
| Active Income | Income received from performing a service and includes wages, tips, salaries, commissions, and income from businesses in which there is material participation. |
| Pension | Payment made to people who have retired from work. |
| Unemployment Compensation | Paid by the state to unemployed workers who have lost their jobs due to layoffs or retrenchment. It is meant to provide a source of income for jobless workers until they can find employment. |
| Social Security | Federal insurance program workers pay into until they retire or are no longer able to work. |
| Portfolio Income | A reward, cash, or etc., that a company gives to its shareholders. Dividends can be issued in various forms, such as cash payment, stocks or any other form. |