Marshall Dornfeld's Schools

• New York University - Stern Schools of Business , Class of 1983 Bachelors Accounting, Business

Marshall Dornfeld's Affiliations

• Kiwanis

Marshall Dornfeld's Publications

• Marshall Dornfeld on the Core Values of Kiwanis Clubs July, 2011 President of the Kiwanis Club of Greater Westhampton, Marshall Dornfeld shares some of the guiding principles that have helped make Kiwanis an international force for philanthropy and community development. I have supported the Kiwanis Club of Greater Westhampton for several years and have held administrative positions with the organization. Through our work, we have sponsored a number of youth and family activities in region, in line with the Kiwanis organization motto of “changing the world, one child and one community at a time.” Kiwanis’ core values include altruism, service to humanity, and living one’s life in accordance with the Golden Rule. In addition, Kiwanis seeks to form meaningful and lasting bonds between members and among the people the organization serves. Kiwanis also strives to promote a lifestyle based on human relations instead of material wealth. International in scope from its inception, Kiwanis has adopted an approach that involves making large-scale changes through many smaller, local impacts on the community level. The organization supports heath, education, and poverty-eradication initiatives worldwide, and it also fosters leadership among young people through a series of umbrella organizations. Kiwanis also partners with other aid agencies in large community development projects. On the service level, Kiwanis encourages children, youth, and adults of all ages to become involved in their communities through simple and effective volunteer efforts that make a difference to the quality of life of others. To learn more about how you can get involved, contact your local Kiwanis club.

• An Introduction to Group Benefit Programs By Marshall Dornfeld , Marshall Dornfeld's Blog on Bighsight September, 2011 For most full-time employees, a salary is only the tip of the iceberg when it comes to compensation. Over the years, companies have instituted an assortment of fringe benefits to attract the best talent, retain employees, and provide workers with a high quality of life. Some group benefits are mandatory and built into the tax system, such as Social Security, workers’ compensation, and unemployment insurance, while others are left to the discretion of the employer. Below is a brief overview of some of the main classifications of group benefits programs: Health Benefits: The first thing that comes to mind when many people think of employer-backed benefit programs is health care coverage. While the national health care system has come under scrutiny in recent years, employer-backed health care remains the most common form of health insurance in the United States. Through this system, employees and employers alike receive significant tax breaks on their medical care. Some of the major types of health insurance administrators include commercial insurance plans, self-insured plans, Multiple Employer Welfare Management Arrangements, and Blue Cross and Blue Shield plans. Retirement Benefits: The ultimate goal of most working people is to reach retirement. Businesses have manifold options when setting up pension plans for their employees, the most basic being a defined benefit plan, where the employer provides compensation at retirement based on a predetermined formula. Another option is a defined contribution plan, wherein the employer allots a certain amount for the employee’s retirement on a regular basis. Other options are available but carry minimum standards and other qualifications. Other Benefits: In addition to the well-known benefits listed above, employers are free to offer an array of other perks to incentivize workers, including education assistance, dependent care, and legal service plans. About the Author: Throughout his career in finance, Marshall Dornfeld has proffered advice and developed investment strategies for a range of products and services, including options, bonds, and equities. He served as the National Director of Managed Business for Independent Financial, a subsidiary of Sun Life Financial. Marshall Dornfeld managed all of the group benefits programs and fee-based advisory business for the firm.

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