Challenge: Gig workers have no access to traditional unemployment benefits, and retirement savings plans are typically not offered by gig platforms.
Shift: Some fintech companies and platforms have begun exploring the development of retirement savings programs or gig-specific unemployment benefits. Tax-advantaged retirement accounts are highly widespread, generally allowing for flexibility in contributing whenever the worker can
Challenge: Gig workers have no access to traditional unemployment benefits, and retirement savings plans are typically not offered by gig platforms.
Shift: Some fintech companies and platforms have begun exploring the development of retirement savings programs or gig-specific unemployment benefits. Tax-advantaged retirement accounts are highly widespread, generally allowing for flexibility in contributing whenever the worker can.