Money you receive from your investments and savings is called:

Question

Quizplus · Accepted Answer

Passive income is the money you earn without actively working for it, such as through investments, rental properties, or dividends from stocks. This type of income can provide financial stability and independence, making it a valuable source of income for long-term financial planning. Retirement plans (401k) are a type of investment account that can provide passive income in the future, but they are not income in and of themselves. Frugal and paycheck are not related to income from investments and savings.

Money You Receive from Your Investments and Savings Is Called