Latest News
Wage Gap vs. Wealth Gap: The Impact on Women
The Federal Reserve’s “Survey of Household Economics and Decision making” concludes that in American Households, ‘more than one-quarter are not doing okay, including more than one-third of black and Hispanic adults” with respect to finances. These are accross-the-board statistics, but what changes when gender differences are brought into the equation? It’s frequently reported in the media that a disparity remains between men and women when it comes to wages, but this should not be confused with “wealth gaps,” a measure which points to an even greater disparity between men and women.
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.