Hi George,
There are two ways to do this:
ClearAll[doubleAge]
doubleAge[age_?NumericQ] := age*2
titanic = ExampleData[{"Dataset", "Titanic"}];
a = titanic[All, <|#, "age" -> doubleAge[#age]|> &];
b = titanic[All, {"age" -> doubleAge}];
a === b
(* True *)