Profit Sharing is a type of employer contribution that can be utilized within a 401(k) plan to help business owners maximize their tax benefits in the plan.
What is Profit Sharing
Profit sharing plans are a special kind of retirement plan that allow employers to make contributions to employees' accounts based on company profitability.
Why Profit Sharing is Important
Adding a Profit Sharing provision to the 401(k) plan allows the business owner to contribute up to $64,500 per year, compared to only $26,000 with a 401(k) plan alone.
How Profit Sharing Works
There are many options when it comes to Profit Sharing. Fisher is one of America's top advisory firms, and we have deep experience helping business owners set up Profit Sharing strategies tailored to their needs.
Must-See 2-Minute Video
The Power of Profit Sharing
Watch this short video to learn how successful business owners can leverage a Profit Sharing component in their 401(k) to optimize the plan for tax savings.
Compare the different types of profit sharing to help determine which might be the best fit for your business.
Profit Sharing Case Study
See how a business owner can leverage a Profit Sharing component to reduce her 401(k) costs by $51k per year.
Profit Sharing Guide
Learn how to maximize your Profit Sharing Plan to reduce plan costs and capture more tax savings.
Why Work with Fisher
Fisher redefines what it means to be a partner in retirement by providing superior guidance, unparalleled service and simple and easy program administration.
Your Interests First
Incentive structures that are aligned with your success. No revenue sharing, no kick-backs or commissions. When you do better, we do better.
DIFY (Do It For You) Approach
Our servicing solutions focus on doing everything we can for you. From acting as a single point of contact for your plan to selecting your investments, we provide services that many other advisers can’t or won’t provide.
As one of America's top financial advisors, we work with you to build the optimal program and provide ongoing plan and investment guidance to maximize wealth generation.
Small Business Expertise
We specialize in small business retirement plans. As a result, we act as your advocate and have the knowledge, resources and clout to champion your needs.
Schedule your free consultation!
One of our 401(k) business specialists would love to talk to you about your company's retirement plan needs.
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There’s a huge tax benefit for businesses that no one may have told you about. Some business owners can save up to $100K or more in taxes annually, by using three IRS sanctioned tax strategies
Maximize Retirement Savings
Save big on your personal taxes with a cross-tested profit-sharing plan added to your company's 401(k) plan
The Powerful Tax Benefit for Business Owners
Learn about a powerful strategy that helps business owners optimize their retirement program to save big on taxes.