fintech / news / / Norfolk Virginian-Pilot
Some are finding gig work, or contract jobs, through apps.
About 1 in 5 Americans over 50 who aren't retired have no retirement savings.
KEY POINTS
- Gig platforms like Rover and Poplin take around 20% of workers' earnings as commission.
- Uber drivers in New York City must hold their own commercial auto insurance despite Uber's coverage elsewhere.
- Unexpected expenses, like car repairs, can cause gig workers to lose money even while working.
- Some retirees maximize gig earnings by selectively accepting only higher-paying jobs on certain apps.
COMPANIES
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