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The “Motherhood Penalty” and its impact on Social Security benefits
A Reuters post edited by Lauren Young and Steve Orlofsky takes a look at the financial factors associated with motherhood and the impact on future retirement benefits. The article expands on the premise “The price women pay for raising a family has been dubbed the “motherhood penalty,” with numerous academic studies quantifying the impact in thousands of dollars,” and offers suggestions on steps that can be taken to lessen the eventual problem. Read the post here…
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