Profit sharing

Can a profit sharing plan be transferred to an IRA?

A profit-sharing plan is a defined contribution plan for which an employer determines when and how much he will pay. The amount a company contributes is often based on an individual employee’s salary. Some employers offer 401(k) plans, which are considered profit sharing plans, but there are other types of plans that also fall into […]

Profit sharing

Is profit sharing an economic plan that works for all Americans? Clinton says yes | hillary clinton

Amid all the drama and hyberbol, he passed almost unnoticed. At the start of the first presidential debate last Monday, Hillary Clinton said, “I also want to see more companies share in the profits. If you help create profits, you should be able to share them, not just the leaders at the top. It might […]