Profit Sharing Plan Rollover to 401(k)

Written by True Tamplin, BSc, CEPF®

Reviewed by Subject Matter Experts

Updated on March 29, 2023

Profit sharing plans are often added to traditional 401(k) plans rather than used exclusively.

The difference is that employees can not contribute to a profit sharing plan, but by combining it with a 401(k), both employees and employers can contribute.

It is possible to roll over a profit sharing 401(k) into an individual retirement account, just as it can be done with a traditional 401(k).

Navigate Profit Sharing Plan Rollovers With a Vetted Professional

* required fields

Profit Sharing Plan Rollover to 401(k) FAQs

About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, or check out his speaker profile on the CFA Institute website.

Meet Retirement Planning Consultants in Your Area

Find Advisor Near You