Guest bosco Posted November 25, 2002 Posted November 25, 2002 Can more than 2% shareholders of a 100% owned ESOP in a Sub "S" corporation participate in a 125 Plan? I've not been able to locate anything specific other than the blanket "no" for more than 2%'s.
GBurns Posted November 26, 2002 Posted November 26, 2002 As far as I can remember ownership of an interest in an ESOP is not the same as ownership of shares in the "S" Corp. I would first find out the difference, maybe on the ESOP Board. George D. Burns Cost Reduction Strategies Burns and Associates, Inc www.costreductionstrategies.com(under construction) www.employeebenefitsstrategies.com(under construction)
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