A boomer shares how Lyft driving has been a retirement hack — supplementing his income while allowing him to draw on his Social Security without penalty

Mon, 01/15/2024 - 06:08

Mark McCann, 64, began driving for Lyft when he retired from his 9-to-5 job in 2021.
Business tax deductions have allowed him to draw on his Social Security while supplementing his income.
Retirees should understand the tax implications when they enter the gig economy.

If Mark McCann only cared about making money, ride-hailing wouldn't be his top choice.