Under a qualified profit-sharing plan,contributions must be made at least annually whether or not the employer has positive net income for the year.

Question

Quizplus · Accepted Answer

Under a qualified profit-sharing plan, contributions are not required to be made annually and can be discretionary, allowing employers to decide each year whether to make a contribution based on factors like profitability.

Under a Qualified Profit-Sharing Plan,contributions Must Be Made at Least