deposit corporate funds for workers

上一篇 / 下一篇  2010-05-13 10:17:50 / 天气: 晴朗 / 心情: 高兴

deposit corporate funds for workersdeposit corporate funds for workersTo my mind, however,Tubs, an even better way to give would be through #xpayrollFire hosesdeduction. It boggles the mind, frankly, that we can opt in to financial self-preservation through 401(k) and similar contributions, but generally cannot commit to selflessness through the same system.

There are exceptions. Since 1978, I.B.M. employees have donated nearly $817 million through a custom-built payroll deduction system with 10,000 approved recipients. Employees can nominate new ones, and the company will add any registered nonprofit group to the list. Mos

t companies aren’t big enough to build something like that, though. That is why it would be nice if a company like Fidelity stepped in to offer a similar service to companies. Why Fidelity? It does a big business in administering employee benefits systems for companies and also has a separate entity, the Fidelity Charitable Gift Fund, that offers donor-advised funds where you can take an immediate tax deduction for deposits that you will giveFire hosesaway later. So why doesn’t it link the two lines of business? The company said employers haven’t asked for it. That said, the gift fund operation has already set up individual employee charitable giving accounts at a few companies that deposit corporate funds for workers to give away as they wish.

United Way, however, has run campaigns through payroll deduction for years, which suggests that there are plenty of employers with at least some interest in making it easier for their employees to give money away..

Given how close we are to making this a widespread reality, I plan to knock on the door of my human resources department first thing Monday morning and ask that it find a way to let me #xand my colleagues give away money to whomever we choose through payroll deductions. I hope many of you will make the sameFire hosesrequest.
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