08/28/2026
SELF-EMPLOYED? SKIPPING YOUR SOCIAL SECURITY TAXES COULD COME BACK TO HURT YOU LATER. 💼💸
When you work for an employer, Social Security taxes are generally taken directly out of your paycheck.
When you work for yourself?
That responsibility falls on you.
And it matters for more than just taxes.
The income you report and the Social Security taxes you pay help establish the work credits and earnings history used to determine whether you qualify for benefits — and potentially how much you receive.
That can become especially important if an unexpected illness or injury prevents you from working and you need Social Security Disability benefits.
Unfortunately, some self-employed workers don’t realize the importance of paying into the system until they need those benefits.
By then, missing earnings or insufficient work credits can create a serious problem.
Being your own boss comes with freedom — but it also comes with responsibilities that can affect your financial future for years to come.
👉 Watch the full video to learn why self-employed workers should pay close attention to their Social Security contributions.