401(k) and profit-sharing plans are both forms of retirement plans. They allow employees to make pre-tax contributions to an account where contributions and earnings are not taxed until distributed.

A profit sharing plan is one way to give your employees a vested interest in making the company more successful. The more profitable the company is, the more profit there is to share and that means ...

Employer-sponsored retirement plans usually take the form of either a 401(k) or a profit-sharing plan. Both options are tax-advantaged, but they differ considerably in how they work. To start, ...

Employees of Stellantis NV represented by the United Auto Workers can expect to see profit sharing checks of $3,780, though some could be more and some less based on hours worked, the automaker said ...

Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago. The payments, which more than 100,000 Delta employees received Wednesday, come to ...

A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits ...

Anderson Economic Group predicts the Detroit automakers will see a combined $5 billion reduction in operating profits in North America in 2025 due to tariffs. If that's the case, UAW workers could see ...

One of the most common questions I get asked by business leaders is: How do I create a profit-sharing or bonus plan? In fact, one CEO, a client of mine, recently posed this very question to me. The ...

Ford Motor Co. said Wednesday it will pay profit-sharing bonuses of approximately $10,208 to hourly autoworkers in the United States for 2024. The total amount for employees could be above or below ...