Long story short: Are you ready for the holidays? Here’s your end-of-year checklist
Our top stories from this week help business leaders cross off their end-of-year to-dos.
Philanthropy
How to revamp your corporate philanthropy policies for 2022
Partnering with a nonprofit that aligns with your company’s values is one way to make a difference in your community and appeal to prospective employees.
MacKenzie Scott, Melinda French Gates give $40 million to gender equality groups
Philanthropists MacKenzie Scott and Melinda French Gates joined forces to give $40 million to four organizations that promote gender equality. The recipients were part of the Equality Can’t Wait Challenge, which was announced last year by Scott and French Gates and also funded by billionaire Lynn Schusterman’s family foundation. The projects winning $10 million each […]
Corporate volunteering programs shift gears to adapt to a virtual world
Remote work is a new opportunity for employees to volunteer time and donate funds to causes they truly care about.
How corporate social responsibility can boost your bottom line
The 401(k) industry doesn’t need another acronym, but advisers would be well advised to give a little TLC.
Fidelity rolls out charitable giving benefits platform for employers
The company’s new platform, available to employer clients, comes in response to employee desire for a workplace that offers charitable and volunteer benefits.
Here’s how much you have to save every month to retire with $750,000
Someone who starts saving from age 20 can sock away 90% less per month than someone who gets a later start at age 50 and still build the the same size of portfolio.
Millennials could be hit hard by delaying Social Security fix
Millennials and other younger clients would see their Social Security benefits decrease 21% once the program runs out of funds by 2034.
How workers can build a dividend portfolio
Dividend income is taxed lower than interest yields. And for the federal taxes that apply, clients can take steps to minimize those as well.
Where to hide from market volatility if workers are about to retire
Investors are advised to liquidate some assets or transfer them to certificates of deposit and money market funds.
How the tax overhaul expands 529 benefits
The law allows clients the ability to make tax-free withdrawals for elementary and secondary school expenses.
What makes the U.S. retirement system a bad example
A pension expert from the Netherlands says that the U.S. retirement system sets a bad example in securing the golden years of its workforce.
Year-end strategies to save money on taxes
Those who leave the workforce and are sitting on losing investments may do tax-loss harvesting, or they may donate their winning holdings to a charity to avoid the capital gains tax
Social Security income can make or break retirees’ plan
Retired workers should claim their retirement benefits only when other taxable income sources are used up, as their benefits could be taxed if their taxable earnings reach a certain threshold.
Benefit managers oversee Hurricane Harvey donation efforts
Companies have donated millions of dollars and matched employee donations following the storm’s devastation in Texas.
Charitable giving builds strong ties between employer, community
Why one company takes giving so seriously, and how it engages its employees through philanthropic benefits to give and volunteer year-round.
