Question

 What is a profit sharing plan?

Answer Profit sharing plans are offered by some companies to connect their employees' financial health to the company and offer a retirement plan. Types of profit sharing plans and investment options vary... Read More »
http://www.answerbag.com/q_view/1952123

Top Q&A For: What is a profit sharing plan

What is a cross-tested profit sharing plan?

Cross-tested profit sharing plans--also called new comparability or multiple-tiered plans--allow employees to be grouped into multiple tiers. Contributions and benefits of the plan can then be cust... Read More »
http://www.answerbag.com/q_view/2214022

How to Decide the Amount of Profit Sharing to Contribute to the Plan?

Profit-sharing plans are a different form of retirement plan in which companies set aside a share of sales or profit for employees. This option is a bit more flexible than traditional retirement pl... Read More »
http://www.ehow.com/how_7334464_decide-profit-sharing-contribute-plan.html

Can money from a profit-sharing plan be transferred to a 401(k) by an employer?

The 2001 Economic Growth and Tax Relief Reconciliation Act does allow small employers to deposit profit-sharing proceeds into a 401(k) structured account. Unlike traditional 401(k)s, in which emplo... Read More »
http://www.answerbag.com/q_view/2277338

Profit-Sharing Limits?

Profit sharing is a pay option companies use to compensate employees for their work. Most plans allow employees to earn a percentage share of either total sales or total profits, depending on the c... Read More »
http://www.ehow.com/facts_7332735_profit_sharing-limits.html


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