['Retirement Benefits']
['Bona fide profit-sharing plan or trust']
11/17/2023
Copyright 2024 J. J. Keller & Associate, Inc. For re-use options please contact copyright@jjkeller.com or call 800-558-5011.
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As used in this part:
(a) Profit-sharing plan means any such program or arrangement as qualifies hereunder which provides for the distribution by the employer to his employees of their respective shares of profits;
(b) Profit-sharing trust means any such program or arrangement as qualifies under this part which provides for the irrevocable deposit by the employer of his employees’ distributive shares of profits with a trustee for deferred distribution to such employees of their respective shares.
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['Retirement Benefits']
['Bona fide profit-sharing plan or trust']
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