Side hustles are no longer just for millennials trying to crush student debt—retirees are getting in on the action, too. From freelancing to flipping furniture, older Americans are using side gigs to supplement Social Security and savings. But there’s one big catch: the IRS is watching. In recent years, the agency has quietly increased scrutiny on income that often goes unreported or underreported. If you’re earning extra income in retirement, make sure you’re aware of the gigs that could warrant a closer look.
