Women and Social Security - GOBankingRates
Social Security provides benefits and financial protection for women. Nearly 55 percent of the people receiving Social Security benefits are women. More women work, pay Social Security taxes, and earn credit toward monthly retirement income than at any other time in our nation’s history. However, women face greater economic challenges in retirement. Women tend to live longer than men, women often have lower lifetime earnings than men, and women may retire with smaller pensions and other assets than men. Social Security offers a basic level of protection to all women covered by this program. Dawn Allcot explains five common concerns women have about Social Security retirement benefits. Read Ms. Allcot’s article here…
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