Some common types of unearned income are as follows:
Certificates of Deposit: It is a product that banks offer where you deposit money into an account for a fixed term, earning a fixed amount of interest.
Child support or Alimony: These payments are made to spouses (present or former) to help provide them with financial support.
Pension: It is the amount that people receive after they pay into their account while they are working.
Dividends: Dividends are the profits that companies distribute to shareholders in case they earn profits, or they have surpluses.
Gifts: If an individual receives money as a gift, it is classified as unearned income.