### Question
What is the definition of earnings?


### Answer
The definition of **earnings** is as follows in *15 U.S.C. § 1672*:

> compensation paid or payable for personal services, whether denominated as wages, salary, commission, bonus, or otherwise, and includes periodic payments pursuant to a pension or retirement program

#### Citation:
  - *15 U.S.C. § 1672*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER II-RESTRICTIONS ON GARNISHMENT**

