Uber and DoorDash Drivers Think They Have No 401(k). The IRS Lets Them Build a $72,000 One but Almost Nobody Does
If you drive for Uber (NYSE: UBER), deliver for DoorDash (NASDAQ: DASH), or shop for Instacart (NASDAQ: CART), you almost certainly get a 1099-NEC at year-end and no benefits package. That is exactly why the IRS treats you as both the employer and the employee of your own one-person business, and why a Solo 401(k) lets you shovel... Uber and DoorDash Drivers Think They Have No 401(k). The IRS Lets Them Build a $72,000 One but Almost Nobody Does