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CASH PROFIT SHARING

A cash profit sharing program allows employers to make large contributions for employees.This program can be set up by us or a financial institution, the main requirement is to file an annual #5500 report to the Internal Revenue Service. It is available to any size group of one or more employees. Annual amounts are completely at the employers discretion, anything less than 25% of the beneficiaries amount is deductible, For more information click on the following link to the I.R.S. www.I.R.S.gov

THE401Kman.com is a division of Driving Force Financial Network L.L.C.This website is for educational purposes only. Nothing provided is intended to serve as investment, financial, accounting or tax advice. All information provided is solely a reference to consult with your professional adviser.D.F.F.N. is not responsible for any claims arising from the use of information on this site.

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CASH PROFIT SHARING