In the 21st century, more women work, pay Social Security taxes, and earn credit toward monthly retirement income than at any other time in our nation’s history. Yet, on average, women face greater economic challenges than men in retirement. Continue reading
“Rosie the Riveter” is an American icon representing women working in factories during World War II. These women learned new jobs and filled in for the men who were away at war. They produced much of the armaments and ammunition to supply the war effort.
They also paid FICA on their wages, contributing to the Social Security program. These “Rosies” embodied the “can-do” spirit immortalized in a poster by J. Howard Miller. Both the image and the spirit live on today. Continue reading
March is Women’s History Month — a time to focus not just on the past, but also on the challenges women continue to face in the 21st century. Today, more women are working than ever before, paying Social Security taxes, and earning credit toward monthly retirement income. With longer life expectancies than men, women tend to live more years in retirement and have a greater chance of exhausting other sources of income.
This means you should plan early and wisely!
Social Security provides financial benefits, tools, and information to help support you throughout life’s journey. Here are some tools to help you plan for your future: Continue reading
Social Security is with you through life’s journey — from when you’re born, through your working years, and into retirement. We provide information and tools that help you make better decisions about your retirement future. Women face unique challenges when choosing when to retire and in making other decisions related to their future Social Security benefits. Continue reading
Moms are a fundamental component of our society. The roles they play in our lives, as doctor, nurturer, teacher, taxi driver, cook, housekeeper, cheerleader, and more, are essential. At Social Security we see just how much mothers do every day. We understand their commitment. And we want to make sure that when the time comes, your mom is ready to retire and can enjoy the fruits of her labor. We’re with you throughout life’s journey with benefits, tools, and information to help your mom secure today and tomorrow. For four important facts you might not know about why Social Security is important to mothers, check out our infographic: Continue reading
At Social Security, we know that preparedness is the key to a secured financial future. The steps you take today will shape your life when you’re no longer working. For women, it’s especially important to be ready when retirement comes knocking.
In 2014, the Census Bureau reported that women usually earn 79 cents for every dollar earned by men. In addition to this wide pay gap, women are also shown to have less saved for retirement than their male counterparts. Pair these statistics with women living longer and it drives home an urgency message. Your preparation for the future must begin today.
Social Security is here to help with benefits, information, and tools to help you secure today and tomorrow. Here’s how you get started: Continue reading
Retirement planning is especially challenging for women. We tend to live longer, and it’s not uncommon to have “off-ramped” from work at some point(s) to raise kids or care for a loved one. And because this affects lifetime earnings, it may also affect your eventual Social Security benefit. Don’t get me started on the gender wage gap. Continue reading
Women everywhere are living longer and working harder. Along with those realities comes a greater need to manage risks related to our health and financial futures. Both the Affordable Health Care Act (ACA) and Social Security can help women manage those risks. During this week’s Affordable Care Act (ACA) Women’s Week of Action—November 9-13—we call each of you, women everywhere, to action. Continue reading