Philanthropy

Our top stories from this week help business leaders cross off their end-of-year to-dos.

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.

Philanthropists MacKenzie Scott and Melinda French Gates joined forces to give $40 million to four organizations that promote gender equality.

Remote work is a new opportunity for employees to volunteer time and donate funds to causes they truly care about.

The 401(k) industry doesn’t need another acronym, but advisers would be well advised to give a little TLC.

The company’s new platform, available to employer clients, comes in response to employee desire for a workplace that offers charitable and volunteer benefits.

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 and other younger clients would see their Social Security benefits decrease 21% once the program runs out of funds by 2034.

Dividend income is taxed lower than interest yields. And for the federal taxes that apply, clients can take steps to minimize those as well.

Investors are advised to liquidate some assets or transfer them to certificates of deposit and money market funds.

The law allows clients the ability to make tax-free withdrawals for elementary and secondary school expenses.

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.

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

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.

Companies have donated millions of dollars and matched employee donations following the storm’s devastation in Texas.

Why one company takes giving so seriously, and how it engages its employees through philanthropic benefits to give and volunteer year-round.