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Profit Sharing and Money Purchase Plans
Profit Sharing Plans
Van Kampen’s Profit Sharing Plan has been chosen by many small
businesses because of its flexibility. Contributions made by the
business can be changed year to year or even skipped occasionally.1
A Profit Sharing Plan is a great way to motivate employees to increase
productivity and for an employer to keep an eye on expenses, because
contributions can be based on the profitability of the business. What’s
more, employers choosing this plan can now deduct contributions made up
to 25 percent of an employee’s compensation.
Money Purchase Plans
A Van Kampen Money Purchase Plan is an excellent way to provide a base
retirement-plan commitment. All types of businesses, both profit and
nonprofit, can take advantage of the Money Purchase Plan. Businesses
that choose this plan generally have a stable cash flow because the
contribution is a fixed formula (dollars or percent) which must be made
every year.
For more information on The Van Kampen Profit Sharing and Money
Purchase Plans, download the brochures and talk to your financial
advisor.
1Contributions by employer must be made on a substantial and
recurring basis and must timely notify employees of such changes.
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