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Opinion: Social Security Privatization's Motherhood Penalty

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REACTIVATED IN CT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 04:11 PM
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Opinion: Social Security Privatization's Motherhood Penalty
Opinion: Social Security Privatization's Motherhood Penalty
Excerpt: "The earlier a person puts money into a private account, the bigger the effect on their retirement annuity. For example, $1,000 earned at age 18 adds almost twice as much to a worker's total private account than $1,000 earned at age 40. So, women face a tough choice if they reduce their earlier years in the labor force. This privatization solution prefers and subsidizes men, who are better able to enter the labor market early, and punishes women who take time-out early for child ...." (Economic Policy Institute)


http://www.epinet.org/content.cfm/webfeatures_snapshots_20050202
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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 04:17 PM
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1. Read the item in Wash.Post today. On what you will really get
--If your fund makes money it looks like the gov. will keep it. What is that all about?See Not Quite Private. by Wiesman
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REACTIVATED IN CT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 04:29 PM
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2. The original Post article was incorrect...
Did you read the correction to it??
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