Flexible Spending Arrangement Sample Clauses

Flexible Spending Arrangement. CEO shall be eligible to participate in Sound Transit's Flexible Spending Arrangement plan, as currently in effect or hereafter amended at Sound Transit's discretion. As to CEO, this benefit currently includes a contribution by Sound Transit up to the maximum allowable under the Internal Revenue Code Section 125 regulations, which for 2019 is anticipated to be Two Thousand and Seven Hundred Dollars and No Cents ($2,700.00).
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Flexible Spending Arrangement. The City will offer the health care FSA to BPMA bargaining unit members.
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Flexible Spending Arrangement. As an alternative, Your pre-tax pay can be allotted to the Limited Purpose Health Care Flexible Spending Arrangement. Under the Limited Purpose Health Care Flexible Spending Arrangement, reimbursements are limited to Eligible Health Care Expenses for dental and vision care services and products that meet the IRS definition of medical care. In addition, the expenses cannot be paid by Your Medical Plan coverage or any other insurance. I cannot request reimbursements for qualifying medical care expenses unless they are incurred by me and/or any of the following “dependents”: • My legal spouse • A qualifying child who is a U.S. citizen, national, or a resident of the U.S., Mexico, or Canada, and – − Is not someone else’s qualifying child, − Has a specified family-type relationship to me, − Lives in my household for more than half of the taxable year, − Is 18 years or younger, (23 years if a full time student at the end of the taxable year), and − Has not provided more than one-half of his or her own support during the taxable year. If permitted by my plan a dependent may also include a child who does not attain age 27 during my taxable year and has the following relationship to me: son/daughter or stepson/stepdaughter, eligible xxxxxx child, legally adopted child or legally placed with me for adoption. Ask Human Resources if this provision applies. • A qualifying individual who is a U.S. citizen, national, or a resident of the U.S., Mexico, or Canada, and – − Has a specified family-type relationship to me, is not someone else’s qualifying child, and receives more than one-half of his or her support from me during the taxable year, or − If no specified family-type relationship to me exists, is a member of and lives in my household (without violating local law) for the entire taxable year and receives more than half of his or her support from me during the taxable year. There is no age requirement for a qualifying child if he or she is physically and/or mentally incapable of self-care. An eligible child of divorced parents is treated as a dependent of both, so either or both parents can establish a HCFSA. On Section 2 of this form, please identify the dependents for whom reimbursements will be requested. If you are unsure about whether an individual is a “dependent” we recommend you consult with your tax advisor for assistance. ■■■■■■■■■■■■■ Debit Card Information ■■■■■■■■■■■■■ If elected by my Employer, a debit card will be issued to me. With the card, I may pa...
Sample 1

Related to Flexible Spending Arrangement

  • Flexible Spending Plan As of the Employment Commencement Date, the Seller shall transfer, or use commercially reasonable efforts to cause to be transferred, from the Employee Plans that are medical and dependent care account plans (each, a “Seller FSA Plan”) to one or more medical and dependent care account plans established or designated by Buyer (collectively, the “Buyer FSA Plan”) the account balances (positive or negative) of Transferred Employees, and Buyer shall be responsible for the obligations of the Seller FSA Plans to provide benefits to the Transferred Employees with respect to such transferred account balances at or after the Employment Commencement Date (whether or not such claims are incurred prior to, on or after such date). Each Transferred Employee shall be permitted to continue to have payroll deductions made as most recently elected by him or her under the applicable Seller FSA Plan. As soon as reasonably practicable following the end of the plan year for the Buyer FSA Plan, including any grace period, Buyer shall promptly reimburse Seller for benefits paid by the Seller FSA Plans to any Transferred Employee prior to the Employment Commencement Date to the extent in excess of the payroll deductions made in respect of such Transferred Employee at or prior to the Employment Commencement Date but only to the extent that such Transferred Employee continues to contribute to the Buyer FSA Plan the amount of such deficiency. This Section 8.07 shall be interpreted and administered in a manner consistent with Rev. Rul. 2002-32.

  • Flexible Spending Account The parties agree that the State shall have the right to use State Employee Health Plan funds to cover the administrative costs of operating the medical and dependent care flexible spending account programs.

  • Flexible Spending Accounts Employees in the unit shall have access to the County’s flexible spending account program, which provides employees with the options of dependent care assistance benefits with a calendar year maximum of $5,000, and medical expense reimbursement benefits with a calendar year maximum of $2,400. The County shall maintain this plan in compliance with IRC §125. Employee premiums for flexible spending account benefits shall be deducted on a pre-tax basis from employee pay.

  • Flexible Working Arrangements 16.1 The Act entitles specified Employees to request flexible working arrangements in specified circumstances.

  • Flexible Work Arrangements (1) Work-life strategies are important to allow staff to harmonise their family and work commitments, while maintaining operational efficiency and work force productivity.

  • Flexible Scheduling All posts experience a higher day-time volume than occurs during the night hours and the Parties agree to a flexible scheduling as outlined below to be compatible with the needs of the community served and availability of on-call staff and the members of the post’s full-time staff.

  • Health Care Spending Account After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed. The HCSA Program allows employees to set aside a predetermined amount of money from their pay, not to exceed the maximum amount authorized by federal law, per calendar year, of before tax dollars, for health care expenses not reimbursed by any other health benefit plans. HCSA dollars may be expended on any eligible medical expenses allowed by Internal Revenue Code Section 125. Any unused balance is forfeited and cannot be recovered by the employee.

  • Dental Care Plan The Welfare Plan will include a Dental Care Plan which will reimburse members for expenses incurred in respect of the coverages summarized in Appendix "1". The Plan will not duplicate benefits provided now or which may be provided in the future by any government program.

  • Flexible Flexible and agile in practices, process, and guidelines to recognise and reward performance;

  • Payment Plans Employees covered by the Samaritan Choice medical insurance plan who have outstanding balances that are payable to Samaritan Health Services for in network, covered, and authorized (if medically necessary) services will be provided payment plan offerings upon request from the employee. The request will be made to Patient Financial Services, and may be directed through the Hospital Patient Financial Counselor. Patient Financial Services will work with employees to identify the appropriate payment arrangement based on the employee financial needs/eligibility. Within 120 days from first patient statement, employees must contact Patient Financial Services and identify themselves as a SHS SEIU member and ask for a payment plan arrangement that does not exceed six percent (6%) of their household income. Such requests will be granted using the existing SHS payment options and funding programs. To be eligible for a payment plan, employees must comply with all requirements for establishing appropriate payment options/eligibility, including the completion of a financial assistance application with supporting documentation. Employees who comply with all terms of the payment plan(s) will not be subject to collections or wage garnishment.

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