Guest Jeff Carone Posted October 19, 2000 Posted October 19, 2000 Can the owner of a company that is an S corporation that uses a PEO for his employees participate in the PEO's section 125 Plan?
Lisa Hand Posted October 19, 2000 Posted October 19, 2000 Greater than 2% shareholders of S corporations are not permitted to participate in Section 125 Plans.
Guest Jeff Carone Posted October 19, 2000 Posted October 19, 2000 I thought the owner of the S corp would become a PEO employee and thus be eligible for the 125 plan.
Alf Posted October 19, 2000 Posted October 19, 2000 Doesn't the answer depend on whose 125 plan it is. If it is the PEO's plan, then the "owner" could participate, couldn't she??
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now