A profit-sharing plan is a retirement plan that allows an employer or company owner to share the profits in the business, up ...

Michigan-based Delta Air Lines employees are set to receive nearly $114 million in the airline’s annual profit-sharing scheme ...

Stellantis NV will report its 2024 financial results and profit sharing for U.S. employees on Feb. 26.

Delta Air Lines is set to pay nearly $114 million in profit-sharing with its more than 4,750 Michigan-based employees this ...

A profit-sharing plan gives employees a portion of the profits a company earns. This type of retirement plan, which is also known as a deferred profit-sharing plan, provides a discretionary ...

Based on Ford Motor Co.'s annual profits in the United States, some 57,000 hourly workers at its factory could get sizable ...

Like a traditional 401(k) plan, a profit-sharing 401(k) plan is an employee benefit that can provide a vehicle for ...

GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.

TOLEDO, Ohio — General Motors workers are set to receive record profit-sharing $14,500 checks, following a strong financial year for the company. This announcement comes as the auto industry ...

But once the employee owns the funds, they cannot be clawed back by the employer. Example of a profit-sharing plan in action As an example, let’s look at a company that offers a profit-sharing ...

Ford Motor Co. reported Wednesday that its 2024 profits in the United States will result in about 57,000 UAW hourly workers receiving profit-sharing checks of up to $10,208, compared with $10,416 ...