Examples of Dependent Care Flexible Spending Arrangement in a sentence
Note that Cafeteria Plans, including any Dependent Care Flexible Spending Arrangement offered under the Cafeteria Plan, is not subject to ERISA.Receive Information about Your Plan and Benefits Examine, without charge, at the Plan Administrator's office and at other specified locations, all documents governing the Plan, including insurance contracts and if the group has 100 or more participants, a copy of the latest annual report (Form 5500 Series) filed by the Plan with the US Department of Labor.
As part of the health benefit plan, the Plan Sponsor may offer to Participants a Health and/or Dependent Care Flexible Spending Arrangement ("FSA") under Sections 105, 125, and 129 of the Internal Revenue Code ("Code") and the underlying regulations, which allows Participants to allocate pre-tax salary reduction contributions to an account (hereinafter referred to as "the Fund" or "Fund") and receivetax-free reimbursement for medical expenses and/or dependent care expenses.
The purpose of this Plan is to provide Employees a choice between cash and pre-tax coverage under a Medical Plan, Vision Plan, Dental Plan, Health Care Flexible Spending Arrangement (HCFSA) and/or Dependent Care Flexible Spending Arrangement (DCFSA).
The need for a revision of FAORs resources (IPA item 3.84) has been exacerbated by the changing environment in which FAO operates (characterized by the increased involvement of other actors in the agricultural sector and competition for resources among technical and UN agencies) as well as the ongoing reform process which is transferring more responsibilities to the field.
A Participant may change or terminate an election under the Dependent Care Flexible Spending Arrangement upon a Change In Status, but only if such change or termination is made on account of and corresponds with the Change In Status.
It is the intent of the Dependent Care Flexible Spending Arrangement that contributions or benefits not discriminate in favor or Highly Compensated Participants as defined in Section 7.2(e) or their Dependents.
Your salary or wage reductions for the Plan Year will be taken ratably on a per paycheck basis.By your election, certain contributions that you defer are set aside into your Health Care Flexible Spending Arrangement Account and/or your Dependent Care Flexible Spending Arrangement Account and are only to be reimbursed for eligible expenses.
Benefit payments under the Plan, including reimbursement under the Health Care Flexible Spending Arrangement and the Dependent Care Flexible Spending Arrangement, will be made only if the Plan Administrator, in its sole discretion and consistent with the terms of the Plan, as amended, decides that the claimant is entitled to such benefits.
She also indicated that she had traveled to Haiti approximately two years prior to the application, but had no future plans to travel.
The total amount of expenses eligible for the credit is $3,000 for one qualifying dependent and to $6,000 for two or more dependents.These expenses are also eligible for payment through a Dependent Care Flexible Spending Arrangement Account.