Can a company have a 401k and a profit sharing (Keogh) plan?
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401K AND profit sharing?
May 31, 2007
1 Replies
First reply
I don't know the answer to this specific question, but in general corporations are allowed to have more than one plan. Each employee's contributions are aggregated and they have to be sure that any employee's contributions don't exceed his individual limit. Stu
Read the full reply
I don't know the answer to this specific question, but in general corporations are allowed to have more than one plan. Each employee's contributions are aggregated and they have to be sure that any employee's contributions don't exceed his individual limit. Stu
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