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If a person has a profit sharing plan at work can they still contribute to an IRA?

I don't see why not. It's your money and you can do whatever you want with it. It will not affect your Profit Sharing.


How does profit sharing work?

formula of profit sharing bonus


What do you do if administrator refuses to give you copy of Summary Plan Description for Profit Sharing plan and ignores repeated requests for transfer of funds?

I would suggest you refer to : Employee Retirement Income Security Act of 1974 (ERISA)Enforcement of participants' rights


Who made profit sharing?

Nobody really made profit sharing. Profit sharing is an idea that blossomed because it was the most efficient way of moving forward.


What has the author J J Jehring written?

J. J. Jehring has written: 'Profit sharing' -- subject(s): Bibliography, Profit-sharing 'Succeeding with profit sharing' -- subject(s): Profit-sharing 'Pre-severance benefits in deferred profit sharing' -- subject(s): Profit-sharing 'A comprehensive bibliography on total group productivity motivation in business covering such subjects as profit sharing, productivity sharing, employee stock ownership and employer-employee cooperation' -- subject(s): Bibliography, Incentives in industry


What has the author John F Woyke written?

John F. Woyke has written: '(ERISA)--qualified plans-deductions, contributions, and funding' -- subject(s): Income tax deductions for retirement contributions, Law and legislation, Pension trusts, Profit-sharing, Taxation


If your fired from a job can the employer keep your profit sharing money?

I got fired from a job do i get my profit sharing


Who made Profit?

Nobody really made profit sharing. Profit sharing is an idea that blossomed because it was the most efficient way of moving forward.


Differentiate between profit sharing and co-ownership schemes of incentives to labor?

Profit sharing and co ownership of labour


Can an employer retain your profit sharing?

No, an employer cannot retain your profit sharing as it is typically considered part of your compensation and belongs to you.


What happens to my profit sharing when I quit my job?

When you quit your job, you may lose access to your profit sharing benefits depending on the terms of your employer's plan. It is important to review the specific details of your profit sharing plan and consult with your HR department or a financial advisor for guidance on what happens to your profit sharing when you leave your job.


What is a united profit sharing order book worth?

found a catalog from 1924 united profit sharing corp looking for the value