HER Money Matters

Social Security And The "Motherhood Penalty"

Written by Barry Investment Advisors | May 26, 2022 2:24:00 PM

The more you pay in to Social Security, the greater the Social Security benefit you receive during retirement. And because many mothers take time away from work to raise children, they can see a reduced Social Security benefit. This article from Barron's shares data on the "motherhood penalty" and ideas for addressing the gap.