The Future of the Gig Economy and Retirement Savings | Schwab - Millennium Trust Company

The Future of the Gig Economy and Retirement Savings

January 17, 2020
By Terry Dunne
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The sixth annual Freelancing in America survey reported that income from freelancing exceeded $1 trillion.

Freelancers make a very significant contribution to the U.S. economy, making more than the construction industry and nearly matching contributions of other industries.

The recently passed SECURE Act consists of many provisions that will increase retirement security for Americans. Innovative solutions are still needed, however, to bridge the gap for many independent and part-time workers.

Learn more in “Innovative Retirement Solutions Are Required for Gig Workers” in 401k Specialist.

The material in this blog is presented for informational purposes only. Millennium Trust Company performs the duties of a directed custodian, and as such does not sell investments or provide investment, legal or tax advice.

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