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• Contact List Found
• 1. 877-563-9623
• 2. 866-961-9253
• 3. 866-540-3229
• 4. 844-435-0237
• 5. 800-429-1763
• 6. 800 429-3183
• 7. (408) 376-7400

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• Frequently Asked Questions

• How do profit-sharing plans work?

  A profit-sharing plan gives employees a share in their company’s profits based on its quarterly or annual earnings. It is up to the company to decide how much of its profits it wishes to share. Contributions to a profit-sharing plan are made by the company only; employees cannot make them, too. So how does profit sharing work?

• How do profit sharing plans work?

  A profit-sharing plan gives employees a share in their company’s profits based on its quarterly or annual earnings. It is up to the company to decide how much of its profits it wishes to share. Contributions to a profit-sharing plan are made by the company only; employees cannot make them, too. So how does profit sharing work?

• Is profit sharing right for your business?

  Profit sharing is also an excellent way to keep up morale and enhance productivity in the workplace. While profit-sharing plans can be highly advantageous, they are not right for everyone. It is important to determine whether or not profit sharing would benefit your business and its employees.

• What is proprofit sharing in a 401k?

  Profit Sharing is a type of employer contribution that can be utilized within a 401(k) plan to help business owners maximize their tax benefits in the plan. What is Profit Sharing Profit sharing plans are a special kind of retirement plan that allow employers to make contributions to employees’ accounts based on company profitability.

• Where can i get more information about the work sharing program?

  For more information on the Work-Sharing Program, employers across Canada may contact the Employer Contact Centre: Hours of operation: 7:00 am to 8:00 pm, Eastern Time, Monday to Friday. Service Canada has created an inquiry unit for employers affected by COVID-19 that are seeking general information related to the Work-Sharing Program.