self-employment

noun

self-em·​ploy·​ment ˌself-im-ˈplȯi-mənt How to pronounce self-employment (audio)
: the state of being self-employed

Example Sentences

Recent Examples on the Web The individual typically lacks a local connection, local law allows contributions of assets other than cash, or local law does not limit the amount of contributions by reference to income earned from employment or self-employment activities. Carrie Brandon Elliott, Forbes, 20 Apr. 2023 For those with good careers and good benefits, retirement may well mean a time to try an encore career, experiment with self-employment, find part-time work, or stick with a current employer for a few more years. Chris Farrell, Fortune Well, 6 Apr. 2023 Once your business reaches this level of profitability, the S corporation status will shelter your income from 15.3% self-employment taxes resulting in significant tax savings. Cindy Mcghee, Forbes, 8 Mar. 2023 People with self-employment income can often make a tax-deductible contribution for 2022 to a SEP IRA of up to $61,000 to these retirement accounts. Laura Saunders, WSJ, 3 Mar. 2023 However, the success of creating or replacing an income and the freedom that self-employment can bring often leads to complacency. Peter Boolkah, Forbes, 23 Feb. 2023 Normally people must have earned income — such as wages, salary, commissions, tips or self-employment income — to contribute to an IRA or a Roth IRA. Liz Weston, oregonlive, 19 Feb. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'self-employment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1834, in the meaning defined above

Time Traveler
The first known use of self-employment was in 1834

Dictionary Entries Near self-employment

Cite this Entry

“Self-employment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/self-employment. Accessed 28 May. 2023.

Last Updated: - Updated example sentences
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