Employee Benefits for AdoptionEmployee benefits for adoption are increasingly becoming available in more and more companies, so it's definitely worth your while to check and see if your company offers such benefits.
A Growing TrendIn 1990 one survey revealed that only 12 percent of employers who were surveyed offered some type of adoption benefit. But that number climbed to 23 percent in 1995. By the year 2004, 39 percent of employers were offering employee benefits for adoption, with 936 major U.S. employers offering an average maximum reimbursement of $3,879. These days, the odds are pretty good that you are working for a company that provides adoption benefits.
So why would a company offer employee benefits for adoption? These companies have found that by offering these benefits, they find that productivity is maintained, it provides a positive public image, and they retain good employees that way.
Types of Benefits AvailableThe types of benefits available vary from company to company, but typically include the following:
Information and AdviceThese benefits include adoption support groups and organizations, referrals to licensed adoption agencies, and free advice from an adoption specialist who will answer your questions about the adoption process and help you with any special needs you may have.
Financial Adoption AidThese benefits come in different ways. Some adoption benefits will include a partial reimbursement for expenses, while other employers will pay certain fees that are related to an adoption. Still other employers will pay a lump sum typically between $1,000 and $15,000. Usually employers pay these benefits either after a child has been placed in the home or the adoption has been finalized.
Parental LeaveBy Federal law, parents are allowed up to 12 weeks of unpaid leave annually to care for a child, and that leave can be taken all at once, but some employers also offer paid leave, while other employers will allow you to combine your vacation time with the required 12 weeks for even more time to bond with your newly adopted child.
Excellent ResourceThe Department of Health and Human Services has an excellent source of information that can be found here.
Other Helpful SourcesAsk many couples why they don't adopt, and they'll say finances are what are holding them back. But it doesn't have to be that way. My husband and I had a limited income, yet we were able to adopt three children, including one child from Guatemala without going into debt. You can too. Here's how.
Are you thinking about pursuing an international adoption? Developing a plan for how you'll pay for that adoption is the first step you should take. Here are some ways to get started.
There are many ways to fund an international adoption. Learn different ways by clicking here.
Uncle Sam also wants to help you with your adoption costs through a tax credit. Learn more.
If you're looking for more details about the tax credit, you can read more by clicking here.
Grants are a great way to help with adoption costs. Find agencies that offer grants by clicking here.
Want to learn about more places for grants? Here are some more great places to apply.
It is possible to find an international adoption you can afford. Here are some ideas to help save money.
Still wondering how you're going to pay those adoption expenses? Find more ways to raise funds by clicking here.
A garage sale is a great way to raise adoption funds. Learn how to finance your adoption by clicking here.
Intimidated by high adoption costs? Don't be. Paying for your adoption involves taking one step at a time. Find some more tips by clicking here.
So how much will your international adoption cost? The answer will depend on the country you choose and whether you choose to go through an agency or pursue an independent international adoption. Learn more here.
Fundraisers are a great way to pay for your adoption. Learn about some fun ones by clicking here.
The best kinds of fundraisers are fun, fairly simple to organize and - naturally - bring in the most funds for your international adoption. Learn more.
Making and selling gift baskets are one creative way to raise funds for your international adoption. You can read some tips on making an appealing basket by clicking here.
Thinking about taking out a loan to pay for your adoption? Read this article first by clicking here.
If you want to pursue a loan using your home as equity, there are important things to know upfront. Learn more here.
One of the easiest and most effective ways to pay for your international adoption is to learn to cut back on costs. Here are some easy ways.
Do you love doughnuts? You're not alone. Help pay for that adoption with a doughnut fundraiser. Learn more here.
When making plans for raising funds for your adoption, don't forget to include friends and family. Learn how to write a letter to solicit funds and help by clicking here.
More and more companies are now offering adoption benefits, so it's definitely worth your while to check and see if your company offers such benefits. Learn more.
Great Fundraisers!Use a raffle to raise funds for your adoption. Learn more.
Sell t-shirts and pay for your adoption with a t-shirt fundraiser. Read more.
Read one person's story about raising funds for her adoption with a Garage sale fundraiser.
A benefit gala is a fun way to pay for your adoption. Read more.
How about a chicken dinner for raising funds. You can read all about it by clicking here.
One adoptive parent used a roller skating fundraiser to help with adoption costs. You can read her story by clicking here.
While you're doing one fundraiser, why not combine it with another one? Learn how.
Looking for a low-cost, simple way to raise funds? How about the pasta fundraiser? Read more.
A taste test party is another great way to raise funds. Learn more about it by clicking here.
Using the cash bash to raise funds for your adoption. Learn more.
A jigsaw puzzle fundraiser is a fun way to raise money for your adoption. You can read about it by clicking here.
Pay Adoption Costs
Adopt Debt free will provide you with the tools and techniques to completely pay for your adoption and bring your child home without having to go into debt!
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