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Profit sharing percentage into 401k?

I guess this is more of a tax implication question. My wife and I both make comparable salaries and we each contribute the maximum per year into our 401k's and we usually max out around October. We also usually each get profit sharing from our respective companies each year. The profit sharing in most instances […]

Energy giant Orlen reports huge profit plunge

Orlen’s future is uncertain. Credit: Shutterstock, canon photographer Polish state-owned Orlen recently revealed a dramatic drop in its profits, reporting a net income of 188 million zloty (€43.3 million) for the third quarter of 2024 – a staggering 96 per cent decline year-on-year. The announcement has sparked significant criticism, especially from opposition members of Poland’s […]

Sony raises guidance on gaming strength, quarterly operating profit beats estimates

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 […]