W-2 or 1099: which one is actually better for you? The real answer…it depends.
In this episode, we're breaking down the key differences between W-2 employees and 1099 independent contractors and explore the pros and cons of each option. If you've ever been offered the choice between staying on payroll or working as a contractor, understanding the financial and practical differences can make a major impact on your bottom line.
So, were discussing everything from taxes and benefits to job security, flexibility, retirement savings, health insurance, and take-home pay, while explaining why a higher 1099 rate doesn't necessarily mean you're coming out ahead.
· Pros Of A W2 Job (2:00)
· Your Values Will Change Over Time (7:15)
· Pros Of 1099 Work (9:45)
· Cons Of 1099 Work (13:30)
· Busting Myths About 1099 Vs W2 (18:00)
Listen Now!
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