THE SOCIAL SECURITY ADMINISTRATION
PROMOTES FIVE STEPS TO FINANCIAL SECURITY
In April, (Earlier this month, the Social Security Administration (SSA) invited Americans to celebrate the first National Social Security Month by learning more about the agency’s protections and developing a financial plan that includes Social Security.
Social Security keeps roughly one-third of older African Americans and Hispanics and 20 percent of older Asians out of poverty. One-third of older African Americans and Hispanics in families receiving Social Security depend on it for more than 90 percent of their family income.1
The National Social Security Month campaign highlighted five steps that help promote financial security:
- Get to know your Social Security
- Verify your lifetime earnings with a my Social Security account
- Estimate your Social Security benefits at my Social Security
- Apply online for retirement, disability, or Medicare benefits, and
- Manage your Social Security benefits.
To learn more about retirement planning and the SSA programs and services available to help secure your today and tomorrow, visit www.ssa.gov.
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1AARP Public Policy Institute: Social Security: “A Key Retirement Income Source for Older Minorities”
OTHER NEWS
OCTOBER IS BREAST CANCER AWARENESS MONTH
While overall rates of breast cancer in Black and White women are about the same, Black women have a higher mortality rate from breast cancer.
ESSENCE VENTURES ANNOUNCES ACQUISITION OF ESSENCE COMMUNICATIONS FROM TIME INC.
Essence Ventures LLC, an independent African-American owned company focused on merging content, community, and commerce, recently announced that it acquired Essence Communications Inc. from Time Inc. ESSENCE President Michelle Ebanks will continue at the helm of the company and join its board of directors. In addition, ESSENCE’s executive team, comprised of Black women, will also have an equity stake in the business.
GRATITUDE & GIVING
As we enter the season of gratitude and giving, The Black Women’s Agenda, Inc. (BWA) gives thanks for the 21 women’s organizations – sororities, civic, service, and faith-based – that serve as its National Collaborating Organizations (NCOs) and partners in protecting, securing and advancing the rights of millions of women worldwide. Together with our NCOs, BWA has established numerous programs to support Black women and their families.
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