$4/14/25,2$:$83$ PM

Treiring setel: Ourredin

Test $-$ Gig Income: Airbnb to Uber $(2023)-$ Test

SE$/$Due Dillgence

Question $14$ of $15.$

What effect does lowering net self$-$employment $($SE$)$ income potentially have on a gla workers retirement planning?

Since gig workers pay SE taxes to social security and medicare, they will recelve the same benefits as W$-2$ employees in the same adustry.

No effect. All retirees get the same social security benefits regardiess of their lifetime income.

Because SE taxes are calculated from net income, self$-$employed taxpayers may end up with smaller social securtiy benelits than W$-2$ nployees in the same industry.

Generally, self$-$employed workers get larger social security benefits when they retire, since they are paying $15\mathrm{.}3\%$ to SECA instead of $5\%$ to FICA.

Mark for follow up

stion $15$ of $15.$