Common use of Health Spending Account Clause in Contracts

Health Spending Account. Benefit year May 1 to April 30 Plan credits $400 per benefit year Eligible expenses The Income Tax Act specifies a broad range of expenses eligible to be paid from the HSA. Eligible expenses include items such as the deductible under the extended health plan, expenses greater than plan maximums and eligible expenses for you, your spouse, or any dependents for whom you are claiming a tax deduction that year. A complete list of eligible expenses is provided on the Canada Revenue Agency website (xxx.xxx.xx.xx) under Medical Expenses in the individual tax return deductions section. An eligible expense is incurred on the date the services are received or on the date supplies are purchased or rented. Unused plan credits If you do not use all the credits placed in your account in one benefit year, they will be carried forward and can be used to reimburse eligible expenses incurred the following year. The Income Tax Act specifies that any credits remaining in your account after two benefit years be forfeited; Claiming deadlines Expenses must be submitted thirty (30) days after the end of the benefit year (i.e. before May 30 of the benefit year following the benefit year during which you incur eligible expenses), or; 90 days after your HSA coverage ends, whichever is earlier. When coverage ends The last day of the month in which your employment ends or you reach age 70, whichever is earlier.

Health Spending Account. Benefit year May 1 to April 30 Plan credits $400 per benefit year Eligible expenses The Income Tax Act specifies a broad range of expenses eligible to be paid from the HSA. Eligible expenses include items such as the deductible under the extended health plan, expenses greater than plan maximums and eligible expenses for you, your spouse, or any dependents for whom you are claiming a tax deduction that year. A complete list of eligible expenses is provided on the Canada Revenue Agency website (xxx.xxx.xx.xx( xxx.xxx.xx.xx ) under Medical Expenses in the individual tax return deductions section. An eligible expense is incurred on the date the services are received or on the date supplies are purchased or rented. Unused plan credits If you do not use all the credits placed in your account in one benefit year, they will be carried forward and can be used to reimburse eligible expenses incurred the following year. The Income Tax Act specifies that any credits remaining in your account after two benefit years be forfeited; . Claiming deadlines Expenses must be submitted thirty (30) 30 days after the end of the benefit year (i.e. before May 30 30th of the benefit year following the benefit year during which you incur eligible expenses), or; or 90 days after your HSA coverage ends, whichever is earlier. When coverage ends The last day of the month in which your employment ends or you reach age 70, whichever is earlier.

Health Spending Account. Benefit year May 1 to April 30 Plan credits $400 per benefit year Eligible expenses The Income Tax Act specifies a broad range of expenses eligible to be paid from the HSA. Eligible expenses include items such as the deductible under the extended health plan, expenses greater than plan maximums and eligible expenses for you, your spouse, or any dependents for whom you are claiming a tax deduction that year. A complete list of eligible expenses is provided on the Canada Revenue Agency website (xxx.xxx.xx.xx( xxx.xxx.xx.xx ) under Medical Expenses in the individual tax return deductions section. An eligible expense is incurred on the date the services are received or on the date supplies are purchased or rented. Unused plan credits If you do not use all the credits placed in your account in one benefit year, they will be carried forward and can be used to reimburse eligible expenses incurred the following year. The Income Tax Act specifies that any credits remaining in your account after two benefit years be forfeited; . Claiming deadlines Expenses must be submitted thirty (30) 30 days after the end of the benefit year (i.e. before May 30 30th of the benefit year following the benefit year during which you incur eligible expenses), or; 90 days after your HSA coverage ends, whichever is earlier. When coverage ends The last day of the month in which your employment ends or you reach age 70, whichever is earlier.

Health Spending Account. Benefit year May 1 to April 30 Plan credits $400 per benefit year Eligible expenses The Income Tax Act specifies a broad range of expenses eligible to be paid from the HSA. Eligible expenses include items such as the deductible under the extended health plan, expenses greater than plan maximums and eligible expenses for you, your spouse, or any dependents for whom which you are claiming a tax deduction that year. A complete list of eligible expenses is provided on the Canada Revenue Agency website (xxx.xxx.xx.xx( xxx.xxx.xx.xx ) under Medical Expenses in the individual tax return deductions section. An eligible expense is incurred on the date the services are received or on the date supplies are purchased or rented. Unused plan credits If you do not use all the credits placed in your account in one benefit year, they will be carried forward and can be used to reimburse eligible expenses incurred the following year. The Income Tax Act specifies that any credits remaining in your account after two benefit years be forfeited; . Claiming deadlines Expenses must be submitted thirty (30) 30 days after the end of the benefit year (i.e. before May 30 30th of the benefit year following the benefit year during which you incur eligible expenses), or; or 90 days after your HSA coverage ends, whichever is earlier. When coverage ends The last day of the month in which your employment ends or you reach age 70, whichever is earlier.