What is DEFERRED PROFIT-SHARING PLAN?

A deferred compensation plan where employee shares are in trust with the benefits waiting until retirement. It is done to be in a lower tax bracket. AKA deferred distribution profit sharing plan.

More On This Topic



Link to This Definition
Did you find this definition of DEFERRED PROFIT-SHARING PLAN helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary