How workers could give to charity just like they give to their 401(k)

How workers could give to charity just like they give to their 401(k)

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David L. Thompson, vice president of public policy at the National Council of Nonprofits, said the Everyday Philanthropist Act is appealing because of its simplicity, but there are some “devilish” details that need to be worked out.

Turning charitable giving into an employer-sponsored benefit raises some questions, he said. Would administrative fees eat away at donations? Would employees worry that their employers are watching which groups they donate to? Could employers ban giving to certain groups like Planned Parenthood or the National Rifle Association?

That said, Thompson’s group supports any efforts to increase giving to charity. “We’re in favor of addressing the problem, which is that the tax law removes incentives for giving,” Thompson said.

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