Profit-Sharing Plan

Deferred Contribution Plan: Tax-Deferred Profit-Sharing Contributions
A comprehensive overview of Deferred Contribution Plans, whereby unused deductions can be carried forward and utilized in future profit-sharing contributions, optimizing tax benefits for employers.
Qualified Plan: Employer-Sponsored Pension or Profit-Sharing Plan
A qualified plan, also known as a qualified trust, is an employer-sponsored pension or profit-sharing plan that adheres to the rules set forth by the Internal Revenue Service, providing tax benefits and ensuring compliant employee benefits.

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