Flex Spending Account
Plans are governed by Section 125 of the Internal Revenue
Code. They are intended for the benefit of bona fide
employees. For that reason, please note that the following
are not eligible to participate in the plan: 2%+ Shareholder
in an S Corporation, their spouses, children (regardless if
they are a dependent), parents as well as grandparents,
Members of an LLC, Partners in a Partnership, Sole
Proprietors, etc. Owners in a C Corporation are eligible.
Key Employees are
eligible. All plans are subject to discrimination tests,
however, which may limit their participation and/or amounts.
6180 Quail Valley Court Riverside, CA 92507