Profit Sharing is a type of employer contribution that can be utilized within a 401(k) plan to help business owners maximize their tax benefits in the plan.
What is Profit Sharing
Profit sharing plans are a special kind of retirement plan that allow
employers to make contributions to employees' accounts based on company
Why Profit Sharing
Adding a Profit Sharing provision to the 401(k) plan allows the business
owner to contribute up to $67,500 per year, compared to only $27,000
with a 401(k) plan alone.
How Profit Sharing Works
There are many options when it comes to Profit Sharing. Fisher is one of America's top advisory firms, and we have deep experience helping business owners set up Profit Sharing strategies tailored to their needs.
Must-See 2-Minute Video
The Power of Profit Sharing
Watch this short video to learn how successful business owners can leverage a Profit Sharing component in their 401(k) to optimize the plan for tax savings.
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We streamline retirement plan administration and payroll processes and provide a dedicated-point-of-contact for all plan servicing, troubleshooting and vendor management.
We offer services other providers can’t or won’t provide. With Fisher you’ll receive tailored participant education programs along with one-on-one meetings to increase employee participation and improve retirement readiness.
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