A profit-sharing plan is a retirement plan that allows an employer or company owner to share the profits in the business, up ...
She also missed the basic opportunities to save more for retirement with a SEP IRA or Solo 401(k) plan. Instead ... you will likely need to make profit sharing and offer a matching contribution ...
Simplified Employee Pension Plan (SEP) Definition ... Finally, SEPs are much simpler to establish and administer than Keogh profit-sharing and pension plans. It literally takes only minutes ...
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 ...