A profit-sharing plan gives employees a portion of the profits a company earns. This type of retirement plan, which is also known as a deferred profit-sharing plan, provides a discretionary ...
Under a profit-sharing retirement plan, employers can choose each year how much -- if anything -- they will contribute to their employees' separate accounts, which are tax-deferred. Once a ...
Keoghs can be administered as either a profit-sharing plan or a defined benefit plan. Annual contributions to Keogh profit-sharing plans are based on a percentage of self-employment income or ...
A former Republic Mortgage Insurance Co. employee filed a proposed class action saying the company’s profit sharing plan lost $1.3 million when its guaranteed interest account was liquidated amid a ...