Funding Distribution. You are allowed a one-time, tax-free transfer from an IRA (other than a SEP or SIMPLE IRA) to use toward your annual Health Savings Account (“HSA”) contribution. Eligible individuals may make an irrevocable one-time, tax-free “qualified HSA funding distribution” from an IRA and move it directly into an HSA, subject to strict requirements. The HSA funding distribution must be directly transferred from the IRA custodian or trustee to the HSA custodian or trustee. The amount of the transfer cannot exceed the maximum HSA contribution limit for the year that the amount is transferred. The deposited amount is counted toward the individual’s total HSA annual contribution limit.
Funding Distribution. If you are an HSA eligible individual, you may be eligible to do a tax-free transfer of IRA assets to your HSA. This transfer, which is referred to as a qualified HSA funding distribution, is subject to HSA contribution limits. You must irrevocably elect to treat such distribution as a qualified HSA funding distribution. Generally, you are limited to one qualified HSA funding distribution from any of your Traditional or Xxxx IRAs during your lifetime. For assistance in determining to what extent you may be eligible to make a qualified HSA funding distribution, consult your tax advisor.
Funding Distribution. If roll over any portion of your IRA account balance. The first you are an HSA eligible individual, you may elect to take a qualified distributions made during a year will be considered RMDs and can HSA funding distribution from your IRA (not including ongoing be satisfied by earlier distributions from your other traditional IRAs SEP and SIMPLE IRAs) to the extent such distribution is (including SEP IRAs) or SIMPLE IRAs that are aggregated. Any contributed to your HSA in a trustee-to-trustee transfer. This amount RMD that is rolled over will be fully taxable and considered an is aggregated with all other annual HSA contributions and is subject excess contribution until corrected.
Funding Distribution. If was received. These contributions are qualified rollover you are an HSA eligible individual, you may elect to take a qualified contributions. HSA funding distribution from your Xxxx XXX to the extent such Xxxx XXX Distributions. You, or after your death your beneficiary, may distribution is contributed to your HSA in a trustee-to-trustee take a Xxxx XXX distribution at any time. Income and penalty taxes may transfer. This amount is aggregated with all other annual HSA be avoided by taking qualified distributions. contributions and is subject to your annual HSA contribution limit. A
Funding Distribution. Funds appropriated by the Legislature for the Grants program are identified in PRC Section 5090.50 as the following percentages:
Funding Distribution. The Sub-Recipient agrees to distribute funds as detailed in the application and the Annual Budget Summary (Attachment IX). Any changes in the total amounts of the funds identified on the Annual Budget Summary form require a contract amendment.
Funding Distribution. The County shall distribute the HOPWA Allocation to Sub-recipients and Developers in the County of Contra Costa.
Funding Distribution. The Contractor agrees to distribute funds as detailed in the Area Plan update and the Annual Budget Summary (Attachment IX). Any changes in the total amounts of the funds identified on the Annual Budget Summary form require a contract amendment.
Funding Distribution. The CONTRACTOR may distribute funds to local jurisdictions to include counties, cities, transit agencies, Transportation Management Associations, Metropolitan Planning Organizations, or other eligible organizations authorized to enter into agreements for the purposes of implementing CTR and/or GTEC, plans as applicable, and as authorized by RCW 70A.15.4080, and by ordinances adopted pursuant to RCW 70A.15.4020(5).
Funding Distribution. WCCLS shall determine the total payment to be made to each Contractor during the term of this Agreement by using the method set forth in Section 15 and based on figures set forth in EXHIBIT A “Funding Distributions.” Funding distributions to Contractors shall be provided through the following mechanisms.
