Common use of – FLEX CREDITS Clause in Contracts

– FLEX CREDITS. Sourcewell agrees to provide flex credits in an amount that matches the IRS maximum Health Savings Account single contribution; increases annually to match the IRS single contribution. 3.3.1 The employee may elect to direct flex credits to insurance premiums, their HSA contribution, Flexible Spending Account (FSA) contribution, buy up voluntary coverages, or elect cash in lieu.

– FLEX CREDITS. Sourcewell agrees to provide flex credits in an amount that matches the IRS maximum Health Savings Account single contribution; increases the credits will increase annually to match the IRS single contribution. 3.3.1 The employee may elect to direct flex credits to insurance premiums, their HSA contribution, Flexible Spending Account (FSA) contribution, buy up voluntary coverages, or elect cash in lieu.