This can be offered in the form of a company retirement plan known as a deferred profit-sharing plan (DPSP). The Internal Revenue Service (IRS) limits the amounts that can be awarded annually ...

A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll ...

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 ...