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This article talks about how a new study has found that about 26% of Americans had volunteered in 2007.  I suggest you try networking on the social web sites to promote  your organization and opportunities to make a difference thorough your organization.

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It’s interesting how we equate learning with professionalism. There is a far greater chance that one’s not for profit company will be taken seriously if the workforce is learned. Many non profits are noticing this now. Click here to read the great article that details this.

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If you would not feed your dog your money then do not raid your retirement cookie jar.  John Wasiejko from The Online 401(k), a provider of 401(k)s for small businesses has agreed to provide today’s post to support the efforts of nonprofits. 

“Take a look at the housing industry—home values are down and outstanding home equity loans are at record highs. What’s a cash-strapped borrower to do? One of the disturbing trends is that more retirement savers are taking loans from 401(k)s and raiding their hard-earned retirement cookie jar. According to a leading Boston College researcher, the percentage of employees in 401(k) programs who have taken a loan from their investments rose from 9% in 2005 to 18% in 2007.

At first glance, it seems appealing: you borrow money that you aren’t going to need for a few years and pay yourself back at below-market rates—all with no credit check or drawn-out approval process.

But beware the hidden costs! According to the Employee Benefit Research Institute, there was approximately $49 billion in outstanding 401(k) loans at the end of 2006.

Employees are often unaware what they are giving up:

*Loss of tax savings
Repayments are made with after-tax dollars. This means a bigger bite out of the employee’s paycheck.

*Lost opportunities
Often, you can’t afford to continue to make contributions to the 401(k) plan as well as the loan payments. The consequences can be longstanding. Not only you miss being in the market, but you miss out on possible employer matches and the compound effect of consistent investing.

Bottom line—unless you believe can “make up” the funds before retirement, a 401(k) loan should be the last resort.”

For more information or a free consultation on your 401(k) plan, contact John Wasiejko at jwasiejko@theonline401k.com or call him at 415.477.8800 ext 828.