Women Live Retirement in Poverty at Higher Rates Than Men
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Women age 65 and older live in poverty at higher rates than men even as more of them participate in employer-sponsored retirement plans, according to a U.S. Government Accountability Office study.
The median income for women in that age group was about 25 percent lower than for men from 1998 to 2009, and they were twice as likely to live in poverty, according to the report, “Retirement Security: Women Still Face Challenge,” which was released today.