Employer-sponsored retirement plans usually take the form of either a 401(k) or a profit-sharing plan. Both options are tax-advantaged, but they differ considerably in how they work. To start, ...
As a small business owner, you are constantly thinking of how to reinvest in your company to make it more successful, create stability, and keep employees happy and engaged. One way to do this is to ...
As a small business owner, you are constantly thinking of how to reinvest in your company to make it more successful, create stability, and keep employees happy and engaged. This may involve an ...
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What is profit-sharing?

A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll, with the ...
During the depths of the downturn, 8 percent of plan sponsors eliminated or reduced 401(k) matching contributions. Now, as the economy picks up, two thirds of those expect to restore the matches in ...
A profit sharing plan is a defined contribution plan that allows for discretionary employer contributions (as opposed to a money purchase pension plan with a fixed contribution as a percentage of ...
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Many employer-sponsored defined contributions plans, including 401(k) profit sharing plans and money purchase pension plans include a vesting schedule – a period over which a plan participant earns a ...
<div class="Section1"><br /> <br /> A profit sharing plan is a plan for sharing company profits with employees. A profit sharing plan need not provide a definite ...