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
ASCENSION SUPPORTS BWA’S “BECAUSE WE CARE” INITIATIVE
One of the highlights of The Black Women’s Agenda, Inc.’s 40th Annual Symposium Workshop & Awards Luncheon was the announcement of a $50,000 donation to BWA made by Patricia A. Maryland, Dr.PH, President and Chief Executive Officer of Ascension Healthcare, Vice President, Ascension, and BWA’s 2017 Health Award recipient.
Ascension, the nation’s largest non-profit health system, is a faith-based healthcare organization dedicated to transformation through innovation across the continuum of care.
THE CREDIT FOR CARING ACT: What You Need to Know
On May 17, 2017, this bi-partisan proposed bill introduced in the U.S. House and Senate called the Credit for Caring Act, (S.1151/H.R. 2505) would amend the Internal Revenue Code to create a federal, nonrefundable tax credit of up to $3,000 for family caregivers who work while also financially help and assist in caring for their parents, spouses, children with disabilities or other loved ones. Introduced by Senators Joni Ernst (R-IA), Michael Bennet (D-CO), Shelley Moore Capito (R-WV) and Elizabeth Warren (D-MA), and Representatives Tom Reed (R-NY) and Linda Sánchez (D-CA), this bill is an important step toward supporting caregivers…
EDUCATION ISSUE H.R. 610: What You Need to Know
On January 23, 2017 Representative Steve King of Iowa introduced H.R.610 – a bill that would distribute Federal funds for elementary and secondary education in the form of vouchers for eligible students and to repeal a certain rule relating to nutrition standards in schools.
This bill threatens funding to public schools and equal opportunity in education. This bill is designed to take federal funds from public schools by dismantling Block Grants programs and other programs that are in place to assist communities of color.
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