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Women: financial security in retirement challenging.

California CPA • Nov, 2007 • GAO News

A recent report on women and retirement conducted by the Government Accountability Office found:

* Women have less retirement income than men, largely because of women's lower labor force attachment and lower earnings, on average;

* Fewer women than men have income from most major retirement sources, and women have less income from these sources;

* Women's median Social Security income is 70 percent of men's; and

* Fewer women than men have pensions. View the full report at www.gao.gov/docdblite/summary.php?rptno=GAO-08-105&accno=A77267.


COPYRIGHT 2007 California Society of Certified Public Accountants Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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