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Retirement options for gig workers in Florida (no state plan)
Your W-2 plan covers your paycheck. Gigaverse covers your hustle.
Status as of Oct 28, 2026.
No state-run auto-IRA
Florida does not operate a state auto-IRA. Nothing in state law withholds retirement savings from a 1099 payment. A W-2 employer plan, or a city payroll program where one exists, covers that job's wages. Gigaverse is the layer for the 1099 income beside it, not a replacement for the plan the paycheck already has.
The 50-state status table is the state auto-IRA hub and the mandate tracker.
What the IRS counted in Florida, tax year 2023
IRS Statistics of Income Historic Table 2 counts returns, not people. In tax year 2023, Florida had 2,868,720 returns with Schedule C income, 25.6% of 11,218,030 returns in the state. 1,812,810 returns paid self-employment tax. 41,310 of those claimed the self-employed retirement-plan deduction, a rate of 2.3%. That deduction is the SEP, SIMPLE, or qualified-plan line. It does not measure Roth IRA contributions.
Florida self-employment tax
Federal self-employment tax is 15.3% of 92.35% of net profit: 12.4% Social Security, up to the $184,500 wage base in 2026, and 2.9% Medicare with no cap. Half of that tax is deductible. Florida income tax is separate and is in the next section. A state auto-IRA, where one exists, does not replace this federal tax.
Self-employment tax calculator · 1099 estimated tax calculator
Florida income tax on 1099 profit
Florida does not tax the income of resident natural persons. Article VII, section 5 of the Florida Constitution bars a state income tax on those residents, beyond amounts creditable against a similar federal or state tax. A 1099 worker in Florida still owes federal income tax and the 15.3% self-employment tax.
Federal quarterly estimates are separate from the state. The 1099 quarterly tax calculator uses the federal dates and self-employment tax. State tax guides for Florida cities are linked below and from Florida local taxes.
Rideshare drivers are still outside a state plan
Florida Statutes section 627.748 treats a transportation network company driver as an independent contractor when the company does not set required log-on hours, does not bar other apps or other work, and both sides agree in writing. That rule decides classification. It does not withhold retirement contributions, and the state has no auto-IRA to receive them.
Miami, Orlando, Tampa and Jacksonville gig work is the same federal problem as the rest of Florida: the paycheck from a W-2 job can sit in an employer plan, and the 1099 trips do not.
What a 1099 worker can use in 2026
These limits are federal. They do not change because Florida has no state plan. Catch-up contributions are not part of the $72,000 annual-additions cap.
| Account | 2026 limit | Who it fits |
|---|---|---|
| IRA (Roth or traditional) | $7,500, or $8,600 at age 50 or older. The limit is shared across every IRA. | Earned income, including 1099 profit, within the Roth income limits if the account is a Roth. |
| SEP IRA | Generally up to 25% of compensation, and not more than $72,000 of annual additions. | Employer contribution from the business. A sole proprietor's percentage is computed after self-employment tax adjustments. |
| Solo 401(k) | Elective deferral $24,500. Catch-up $8,000 at 50 or older, or $11,250 at ages 60 through 63. Employer contributions share the $72,000 cap with deferrals, before catch-up. | A self-employed worker with no full-time W-2 employees in the plan, who wants both a deferral and an employer contribution. |
Sources: IRS IR-2025-111, Notice 2025-67, IRS 401(k) contribution limits.
Read the Solo 401(k) for self-employed workers page, then run a number in the SEP-IRA contribution calculator. Gigaverse account opening for the Solo 401(k), the SEP and the PRActicle Roth IRA is waitlist only.
Where Gigaverse fits
Gigaverse is not a state program and is not a registered investment adviser. It sits next to a W-2 plan or a state program when one exists. Plans are Free, Pro ($4.99/mo) and Wealth Builder ($9.99/mo). The Solo 401(k), SEP and PRActicle Roth IRA are waitlist only. Gigaverse's published figure is "$5K+" labeled "Avg. tax savings per year, per worker."
City guides and job guides
These are existing local tax pages, not copies of this retirement guide.
Jacksonville · Miami · Tampa · Orlando · Port St. Lucie · St. Petersburg · Cape Coral
Uber drivers · Lyft drivers · DoorDash drivers · Instacart shoppers · Amazon Flex drivers
Questions
Does Florida run an auto-IRA for gig workers?
No. Florida has no state-run auto-IRA in operation. A W-2 retirement plan, where one exists, covers that paycheck. It does not cover 1099 income. Status as of Oct 28, 2026.
Does Florida tax 1099 income?
Florida does not tax the income of resident natural persons. Article VII, section 5 of the Florida Constitution bars a state income tax on those residents, beyond amounts creditable against a similar federal or state tax. A 1099 worker in Florida still owes federal income tax and the 15.3% self-employment tax.
How much can a 1099 worker contribute in 2026?
For 2026 the IRA limit is $7,500, or $8,600 at age 50 or older. A Solo 401(k) elective deferral is $24,500, plus a catch-up of $8,000 at 50 or older, or $11,250 instead at ages 60 through 63. Employer contributions plus deferrals are limited to $72,000 of annual additions, not counting catch-up. A SEP contribution is generally up to 25% of compensation, inside that same annual-additions cap. These figures are from IRS news release IR-2025-111, Notice 2025-67, and the IRS 401(k) contribution-limits page.
Are Florida rideshare drivers employees of the platform?
Not under the state TNC statute when its conditions are met. Florida Statutes section 627.748 says a transportation network company driver is an independent contractor if the company does not set required log-on hours, does not bar other apps or other work, and both sides agree in writing. That classification does not create a state retirement plan.
Can a Florida gig worker use a Solo 401(k) or SEP and an IRA?
Yes, if the worker qualifies under the federal rules. The IRA limit is separate from a Solo 401(k) or SEP, and the IRA limit is shared across all IRAs. Gigaverse's Solo 401(k), SEP and PRActicle Roth IRA are waitlist only. The published plan prices are Free, Pro ($4.99/mo) and Wealth Builder ($9.99/mo). Gigaverse's published figure is "$5K+" labeled "Avg. tax savings per year, per worker."
Sources
Status as of Oct 28, 2026. Verified 2026-10-28.
Educational information only, not tax or investment advice. Gigaverse AI, Inc. is not a bank and is not a registered investment adviser. We are not affiliated with Florida, DoorDash, or any state or city retirement program. Contribution limits are set by the IRS and can change.