Social Security Penalizes Mothers - And That’s a Big Problem

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Social Security Penalizes Mothers - And That’s a Big Problem

Trevor FilsethSocial Security, AmericasWomen tend to spend more time with their children than men do, helping to create a “motherhood earnings penalty” for mothers who reduced or stopped work for childcare.Here's What You Need to Know: Women with children earn fewer benefits than childless women.Social Security is intended to cover roughly forty percent of a person’s pre-retirement income. The payout’s total amount is calculated based on a perso…