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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.


Can you rollover a profit sharing plan to a roth IRA?

Yes, if it is a qualified Profit sharing plan, i.e. Pre-taxed or Post taxed.


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 are the release dates for Alfred Hitchcock Presents - 1955 Profit-Sharing Plan 7-23?

Alfred Hitchcock Presents - 1955 Profit-Sharing Plan 7-23 was released on: USA: 13 March 1962


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.


What are some common types of retirement accounts?

Common types of retirement plans available include the 401k, the Defined Benefit Plan, the Profit Sharing Plan, and many others. More options and more information about these plans can be found on retirementplans.org


I received my last stament in dec.31 2001. I'm curently woring and would like to veiw my 401k rofit sharing plan. How do I do that?

Your profit sharing plan statement has to come from your employer (after all, they are the ones with the profit information). You'll want to talk to your human resources office to see who to talk to in your company. If you need general information, you might find help at The Profit Sharing Council of America (http://www.psca.org/).


What is the name and number of the profit sharing plan market basket in tilton nh have?

you need to contact Tewksbury m.a main office.


What happened to Auchter Co Profit Sharing Plan and Trust Agreement?

No one in this forum will know the answer to this. You would need to contact Auchter's Benefits Dept.


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


Is an employer required to notify an employee of existence or eligibility of a 401k profit sharing plan?

Yes. If I offer a 401K, I must tell all qualified employees about it.


How much does an employer typically contribute to a 401k plan for their employees?

Employers typically contribute around 3-4 of an employee's salary to their 401(k) plan.