How long does it take to transfer a DAF to Daffy?


Transferring a Donor-Advised Fund (DAF) to Daffy is a simple, straightforward process that can be completed in just a few steps. This process is not only free of charge, but it also allows you to save significantly on administrative fees compared to traditional providers. For instance, while Fidelity charges a minimum of $100 a year or 0.6% of assets, Daffy's fees start at just $36 a year. To transfer your DAF to Daffy, you simply need to log into your Daffy account, tap "Add Funds", and select "DAF transfer". You will then be asked to indicate how much you are transferring and from which provider. After logging into your existing provider, you can make a grant of any amount to the Daffy Charitable Fund. Once the transfer is complete, you will receive a notification when the funds are in your account. The entire process is designed to be as easy and hassle-free as possible, allowing you to focus on what truly matters: increasing your impact on the causes and organizations you care about. By choosing Daffy, you are not only saving money on fees but also ensuring that more of your funds go directly to the charities you support. So, if you're looking for a cost-effective, user-friendly platform for managing your DAF, Daffy is a great option to consider.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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