099 | Pros and Cons of W2 vs. 1099 Roles

As a practicing PA, you likely have seen different job postings for both W2 roles and 1099 roles. But  which one is better? The answer to that question depends on your specific situation and what you value since they each have several pros and cons. For example, W2 roles have benefits through the employer, while if you're an independent contractor in a 1099 role, you're responsible for setting up your own benefits. On the other hand, 1099 roles can help you lower your tax liability, and you will likely have more flexibility and autonomy. Take a listen to learn the differences to help you decide which type of role is best for you!   Are you just beginning your journey to financial independence and don't know where to start? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!   Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway    Website / Blog: pathefiway.com   Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/   Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway    Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway   Keywords: independent contractor , 1099 , W2 , W-2 , healthcare professional , clinician , solo 401k , LLC , physician associate , physician assistant , physician assistant financial independence , physician associate financial independence , physician assistant finances , physician associate finances , physician assistant school , physician associate school , PA school , PA-S , PA-C , pre-PA , physician assistant student , physician associate student