LPL Tracking # 1-666293
1Society of Actuaries, "Society of Actuaries Releases New Mortality Tables and an Updated Mortality Improvement Scale to Improve Accuracy of Private Pension Plan Estimates," October 27, 2014.
2The National Women's Law Center, "Wage Gap Costs Women More Than $430,000 Over a Career, NWLC Analysis Shows," April 4, 2016.
3AARP: Understanding the Impact of Family Caregiving on Work, Fact Sheet 271, October, 2012 and MetLife Mature Market Institute, "The MetLife Study of Caregiving: Costs to Work Caregivers: Double Jeopardy for Baby Boomers Caring For Their Parents," 2011.
4Morningstar, "Retirement: The Other Economic Gender Gap," June 7, 2016.
5National Institute on Retirement Security, "Shortchanged in Retirement: Continuing Challenges to Women's Financial Future," March 2016.
6To make the catch-up contribution, you are first required to save the annual maximum of $18,000.
7Distributions from a traditional IRA will be subject to taxation upon withdrawal at then-current rates. Distributions taken prior to age 59½ may be subject to an additional 10% federal tax.
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