Gender Savings Gap Closing Among Younger Generations, Bank of America Reports
Account balances among millennial men exceed women by 23%, significantly less than the average gender gap of 50%.
Financial Sector Faces Growing Return-to-Work Gender Gap
New research among financial service and insurance companies reveals women’s careers are more at risk as workplace flexibility begins to tighten.
Women in Senior Roles Reach Retirement with 62% of Wealth of Male Peers
The wealth accumulation gap between women and men is largest in leadership roles, in part because the pay trajectories for women are significantly lower than men, new study finds.
DOL to Host Webinar on Women’s Retirement Security
The webinar will provide steps women can take that will have a positive impact on their financial future.
Bringing Awareness to the Gender Investing Gap
Less than half of women feel they have influence on investment decisions, and many regret not saving and investing sooner, according to a Bank of America study.
Long-Term Care
Survey Finds a Clear Lack of Health-Focused Savings
More than one in five older women report zero savings for medical bills.
Women in C-Suite Roles
Women’s Retirement Protection Act Reintroduced in Congress
Democratic lawmakers in the House and Senate say the bill is needed to help address longstanding retirement insecurity issues—and to address some of the negative impacts of the pandemic.
To Surmount the Gender Gap
Disparities in Savings Show Need for Retirement Help for Women
Women place more importance on advice that fits into their work or personal schedule, as opposed to men who place more importance on advice that alerts them to critical developments in their accounts, a T. Rowe Price survey found.