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in2herbs

(4,588 posts)
2. American workers who use a DAF to make charitable donations via their IRAs should be aware that
Fri May 29, 2026, 06:46 PM
23 hrs ago

when the news of the SPLC investigation came out some large investments companies announced that they were not going to honor their clients' request to make DAF donations to the SPLC and instead were donating to charities they chose. In other words, even though the money belongs to the investor (American worker) if the investment company does not agree with the investor's choice, the American worker's money will not be donated to the charity of the worker's choice.

What will it take for Americans to understand that once they hire a financial advisor, the financial advisor/investment company, not the American worker/investor has total control over all of their hard-earned money???


Recommendations

4 members have recommended this reply (displayed in chronological order):

Ha ha ha ha ha!! Pinback 23 hrs ago #1
American workers who use a DAF to make charitable donations via their IRAs should be aware that in2herbs 23 hrs ago #2
Yep. Pinback 23 hrs ago #3
You are very smart! nt in2herbs 23 hrs ago #4
can you cite a source for that Skittles 20 hrs ago #11
No I meant what I wrote -- DAF. A QCD is for seniors who receive their RMD. There were news articles and in2herbs 20 hrs ago #12
I understand they were paused Skittles 20 hrs ago #13
Exactly. I am unaware of any DAF making onenote 19 hrs ago #14
I'm thinking DAF or QCD, that would be highly illegal? Skittles 19 hrs ago #16
This message was self-deleted by its author onenote 19 hrs ago #15
The discretionary investment authority giving them the authority to make alternative donations is in2herbs 19 hrs ago #17
anyone would be a fool to agree with that Skittles 18 hrs ago #18
I totally agree with you however, every contract with a financial advisor contains this clause. When one in2herbs 17 hrs ago #19
glad I never did one Skittles 14 hrs ago #20
Well, this is a surprise. Biophilic 23 hrs ago #5
I think the walls may be closing in, finally nuxvomica 21 hrs ago #7
I seriously hope that they are at least a little afraid. Biophilic 21 hrs ago #9
This is not about the current BS prosecution. It's pointing out that the IRS (in The Rapist's 1st term) muriel_volestrangler 1 hr ago #22
The revenge regime is thankfully not great a lawfare. littlemissmartypants 22 hrs ago #6
So much losing senseandsensibility 21 hrs ago #8
"The indictment does not contain any tax-related charges" Pompoy 21 hrs ago #10
Pig nazi dogs ran into a brick wall wolfie001 1 hr ago #21
Latest Discussions»Latest Breaking News»No tax charges filed in S...»Reply #2