(Bloomberg) -- Women age 65 and older live in poverty at higher rates than men even as more of them participate in employer-sponsored retirement plans, according to a U.S. Government Accountability Office study.

The median income for women in that age group was about 25 percent lower than for men from 1998 to 2009, and they were twice as likely to live in poverty, according to the report, “Retirement Security: Women Still Face Challenge,” which was released today.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access