Employer-sponsored retirement plans usually take the form of either a 401(k) or a profit-sharing plan. Both options are tax-advantaged, but they differ considerably in how they work. To start, ...

A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll, with the ...

Revenue sharing is the regular distribution of a portion of corporate wealth to certain stakeholders, such as employees and business partners, as an incentive. In a revenue-sharing program, ...

Corporate greed has garnered considerable blame for exacerbating inflation and wealth disparity. However, a solution exists to align interests and foster a more equitable distribution of wealth.

Officials at Andersen Corp., the Bayport-based window and door manufacturer, announced Monday that the company will pay out $50.8 million in 2024 to eligible employees as part of the company’s annual ...