Topical Terminology > Age-weighted Profit Sharing Plan
1 Definition
Age-Weighted Profit Sharing Plan
For Age-Weighted Profit Sharing Plan we have a term and definition in Employee Benefits.
Age-weighted Profit Sharing Plan (Employee Benefits) 
A qualified profit sharing plan under which the formula for allocating employer contributions to employeesÂ’ accounts is based in part upon the attained age of such employees at the time when the contributions are made.
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