Myth Series #6: Funding a Profit Sharing Plan for a Company with More Than 100 Employees Will Only Benefit My Employees

PUTTING PEOPLE FIRST

There is a common misconception that as a company owner of over 100 employees, increasing funds for a profit-sharing plan would mainly benefit employees rather than the owners and executives. See how Innovative helped one client generate significant tax savings for the owners as well as substantially increasing their share of the profit sharing contributions for their retirement.

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