Profit-sharing plans are retirement plans that allow employers to share a portion of their profits with their employees.

Whether you're a business owner looking to improve your company's benefit offerings or an employee who wants to have more money saved toward their retirement, profit-sharing contributions are a valuable tool for achieving your goals. What exactly is a profit-sharing contribution? In this comprehensive guide, we'll explore the basics and different types of profit-sharing contributions, how they work, and the benefits they offer to both employers and employees. The Basics of Pr

An Enrolled Retirement Plan Agent (ERPA) is an individual who is qualified to practice before the Internal Revenue Service (IRS) in matters pertaining to retirement plans. This designation was awarded by the IRS to practitioners who had demonstrated a comprehensive knowledge of the laws and regulations of the Internal Revenue Code Sections related to retirement plans. The ERPA designation was earned by the completion of written examinations administered by the IRS or as the r