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The Pandemic and Women in the Workforce

Covid-19 has changed many aspects of work-life, from work-at-home to in-workplace arrangements, with one of the most significant being the increase in unemployment and the interruption in retirement savings plans for many. And concerns have arisen about the disproportionate impact on the female segment of the working population. The issue is covered in a report by NY Times reporter Mark Miller in an article posted on www.nytimes.com, with Miller pointing out that “Even brief career interruptions diminish wage growth, retirement savings and Social Security benefits, which are determined by wage history.” Read Miller’s post here…

And while we’re on this topic, note that the AMAC Foundation’s Social Security Advisory Service will be hosting a four-part webinar beginning January 20 titled “Women and Social Security” exploring the Social Security details important for women. Check out the Foundation’s website here for an overview and instructions to sign-up for this free program.

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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