Login | Join | Write a Review
Add Your Business | Login to the Business Center
What? (e.g. Health Plans or Data Recovery)
Where? (e.g. Dickerson, MD or 20842)
 

Reno, Nevada - Pension & Profit Sharing Plans search results Premier Listings

 
Profit Sharing Plan Frequently Asked Questions
The financial sphere is an important, albeit complex, sphere for many of us trying to navigate the waters. The following frequently asked questions will help you better understand pension and profit sharing plans:

What is a profit sharing plan?
A profit sharing plan is a contribution plan, or retirement plan, in which the methods for profit are not clearly established. This allows the employer flexibility in when and how much is paid into the sharing plan pot. Often, with a profit sharing plan, the amount paid into each employee's benefit is determined by his or her base salary. These plans are overseen by financial professionals such as trustees and plan administrators. These funds are untaxed until you make withdrawals upon your retirement.

What are the benefits of a profit sharing plan?
When it comes to profit sharing plans, the benefits are attractive to both the employer and employee. From the employer's perspective, all contributions are tax deductible. Additionally, there is the issue of vesting schedules. Vesting schedules are a period of time in which an employee becomes fully invested in the profit sharing plan. This ranges from company to company and helps with retention. From the employee's point of view, employer funded accounts are considered less risky. They can also be a sign of a company that is invested in each of their individual employees.

What is the difference between a pension and profit sharing plan?
A pension plan has restrictions on the amount that can be contributed annually. Additionally, and perhaps most importantly, many pension plans are deducted from an employee's paycheck.

 
 
Sort By Limit By City Distance
Cache Pension Services Inc
50 W Liberty St Ste 920, Reno, NV 89501
(775) 333-6673
Cache Pension Services Inc
241 Ridge St Ste 280, Reno, NV 89501
(775) 333-6670
New York Life Insurance Company
245 E Liberty St Ste 410, Reno, NV 89501
(775) 322-2100
Bidart & Ross Inc
10391 Double R Blvd, Reno, NV 89521
(775) 826-6400
Sierra Pension Services
9744 S Virginia St Ste C, Reno, NV 89511
(775) 772-7036
American Wealth Management
570 Hammill Ln, Reno, NV 89511
(775) 332-7000
Wedbush Morgan Securities
152 Maple St Ste A, Auburn, CA 95603
(530) 823-6121
Administrative Services Co
3075 Alhambra Dr, Shingle Springs, CA 95682
(530) 676-5536
Consolidated Pension Consultant Inc
6741 Five Star Blvd Ste B, Rocklin, CA 95677
(916) 646-4900
Pension Specialists Inc
35 Iron Point Cir Ste 100, Folsom, CA 95630
(916) 605-4015
Pension Services Inc.
9821 Fair Oaks Blvd Ste A, Fair Oaks, CA 95628
(916) 967-6100
Nishikawa & Wong
2880 Sunrise Blvd, Rancho Cordova, CA 95742
(916) 638-1037
Becker Don
7277 Lone Pine Dr, Sloughhouse, CA 95683
(916) 354-1958


Pension plans are a type of retirement plan where an employer makes contributions toward invested funds for an employee's future benefit. This type of plan is usually tax exempt. When the employee retires, the fund is paid out to the employee. Profit sharing plans are systems where an employer shares part of its profits with employees. Compensation can include cash stocks, or bonds, payable at retirement or cashed in immediately. Pension, annuities, and profit sharing plans were developed to help employees have a source of money upon retirement. Other ways an employee can benefit from his or her company is to buy stock in the company, participate in a 401K, get salary bonuses and tantieme, and receive business incentives. Pension and profit sharing plans can help employees gain confidence in their employers and help to boost morale. Whether you're interested in annuities, money, retirement plan, profit sharing, or pension, your employer's pension and profit sharing plans can help. Contact your company's human resources department for more information on these and other plans offered by your employer. Many company pension plans, retirement accounts, and profit sharing agreement plans offer online fund advice and management, with financial advisor help 24 hours a day, seven days a week, to fit your busy schedule. You can speak to an advisor any time about your needs and get advice on the spot. Other sites let you sign up for newsletters, purchase stock, and get the latest financial advisory news in the industry pertaining to your specific needs.
 
Related Categories
 
Nearby Cities
 
Store Locator
 
Add your Business
Stop playing hide and seek. Get found and gain traffic with MagicYellow.com