0
If your fired from a job can the employer keep your profit sharing money?
Wiki User
∙ 11y ago
I got fired from a job do i get my profit sharing
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Is profit sharing the same as 401 k?
I was terminated from my company Feb 26 2009 since then I have tried to have them release my money from my employee profit sharing and savings plan they have refused to do that who can I contact to try to help me get my money I was forced into early retirement and have no other means of support except my profit sharing money my question is who do I need to contact other then my former employer
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.
What is the difference between bonus and profit sharing?
Bonus means we are getting much money by doing a work. Profit means when we sell with more money it is known as profit.
What is a profit sharing lease?
A profit sharing lease is an agreement between a landowner and a farm operator. This agreement basically states they will work together to make money from the land.
What is a mutual fund manager get a year?
They make a lot of money. A Bulk of the income is based on profit sharing - depending on the amount of profit the fund manager makes out of the investor money.
Can an employee lose money from their profit sharing if company is struggling?
Please say that in English. (It does, yes)
What is the maximum contribution to profit sharing plans?
If your profit sharing plan allows for employee contributions, then those are capped at $16,500 for EE money. The total amount of contributions (ER and EE) is capped at $49,000 indexed for inflation.
Are Florida employers obligated to pay vacation pay on a fired employee?
No, an employer in Florida does not have to pay accrued vacation time when you quit. That is if it in the company policy, it is not mandatory.
If you owe your former boss money can he take it out of your profit sharing?
If you owe it to him personally, then no. If you owe it actually to the company, then yes.
How managers can be motivated to act in the shareholders' interest?
Profit sharing, the more money the manager makes, the more the shareholders make.
How do you account for shareholders profit sharing?
you divide the total money the company has by the amount of shares that have been sold to get the share value, then you dish that out and then it is the shareholders money and they can do what they want with it
What is profit sharing and discuss its merits and demerits?
Profit sharing is when an organization shares a portion of their profits with their employees. It is good because it encourages employees to increase their production. One downfall to it is the fact that money can't be used for research and development or hiring new employees.
