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olganol [36]
3 years ago
10

1. What is the difference between 401 k) matching and profit sharing ?

Social Studies
1 answer:
velikii [3]3 years ago
5 0

Answer:

In a 401(k) that allows an employer match – employees can receive employer contributions as well as make their own contributions. ... But in a profit-sharing plan, only employer contributions are permitted (i.e. an employee cannot make any contributions)

Explanation:

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