Retirees may continue CFD donations
Do you currently contribute to the state’s Combined Fund Drive (CFD) through payroll deduction? Keep in mind that if you are retired, or planning to retire soon, you may continue donating through a payroll deduction.
If you are currently donating and retire, your donations continue into retirement until you elect to make changes. You can also begin making CFD donations by payroll deduction at the time you retire or at any time thereafter.
“Retirees can set up reoccurring donations to their favorite charities through the CFD website,” says DRS Retirement Readiness Director Seth Miller.
Not familiar with CFD?
CFD is Washington state’s workplace giving program for public employees and retirees. The program is made up of over 4,500 charities. Each year public employees pledge more than $5.1 million to CFD charities locally, nationally and globally.
“During the holiday season people are often looking for ways to support a charitable organization,” Seth says. “One way to do that is set up an ongoing deduction through the CFD.”
Donors may give through monthly payroll deductions, a one-time contribution and limited-time contributions. More information on both CFD and all its member charities is available on the CFD website.
Just like health care deductions, DRS cannot change CFD contributions for retirees. You must make changes by logging into your account on the CFD website.
Subscribe for more DRS news
More news
Don’t get surprised at tax time: Look at your spending and income for 2025
Tax season sneaks up on many of us and if you’re not planning ahead, April…
DRS benefits unaffected by federal shutdown
Retirement benefits for Washington’s retired public workers in a DRS plan are not affected by…
This October, follow this retirement recipe
Sometimes saving for retirement can feel like trying to cook a recipe without clear instructions….
