Amanda White
CFP, 5-Year Full-Time Freelancer
Independent Contractor
In This Article
Definition
Self-employed worker who provides services to clients without being an employee, responsible for their own taxes and benefits.
Related Terms
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FAQs
Do contractors get benefits?
Not typically; they're responsible for their own insurance and retirement.
Similar Terms
W-2 Employee
Traditional employee who receives W-2 form, with taxes withheld and employer-provided benefits.
Platform Work
Work mediated through digital platforms connecting workers with customers.
On-Demand Work
Work available immediately when requested, without scheduled commitments.
Flexible Work
Employment allowing workers to choose their own hours, location, or workload.
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Important Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Consult a qualified professional (CPA, tax attorney, or financial advisor) for advice specific to your situation.