Flexible Spending Accounts definition

Flexible Spending Accounts when immediately preceded by “BMS,” means the BMS HCR Plan, and the BMS DCR Plan. When immediately preceded by “▇▇▇▇ ▇▇▇▇▇▇▇,” Flexible Benefits Plan means the ▇▇▇▇ ▇▇▇▇▇▇▇ HCR Plan, and the ▇▇▇▇ ▇▇▇▇▇▇▇ DCR Plan to be established by ▇▇▇▇ ▇▇▇▇▇▇▇ pursuant to Section 2.2 to accept a spin-off of the flexible spending reimbursement accounts of U.S. ▇▇▇▇ ▇▇▇▇▇▇▇ Transferred Employees under the respective BMS Flexible Spending Accounts in accordance with Section 8.6.
Flexible Spending Accounts means the bookkeeping accounts established and maintained to record the amount of health care reimbursement benefits and dependent care reimbursement benefits available to a Participant under Articles V and VI of the Plan.
Flexible Spending Accounts as defined in Section 4.12(d). GAAP: generally accepted accounting principles as in effect in the United States.

Examples of Flexible Spending Accounts in a sentence

  • The Township shall establish Flexible Spending Accounts (FSAs) as governed by IRS Code 125 regulations.

  • The County will administer the following Flexible Spending Accounts: Section 1.

  • Employees may enroll in Flexible Spending Accounts (FSA) for qualified medical expenses for the duration of this National Addendum.

  • Flex Credits may 4 not be directed to Flexible Spending Accounts.

  • All eligible employees may participate in optional medical 2 and/or dependent care Flexible Spending Accounts, which allow those employees to pay for 3 qualified medical and dependent care expenses with pre-tax payroll deductions.

  • The Board shall offer employees Flexible Spending Accounts (FSAs); these deductions are on a pre-tax basis.

  • All or part of the Fees may not be considered deductible for IRS or State tax purposes, nor reimbursable by private health insurance, Flexible Spending Accounts, Health Savings Accounts or Health Reimbursement Accounts.

  • POWER Accounts are funded with post-tax dollars and are not considered HSAs or other health spending accounts (e.g., Flexible Spending Accounts, Health Reimbursement Accounts, etc.) under federal law.

  • AnchorBank Group Health Plan • AnchorBank Group Vision Plan • AnchorBank Group Dental Plan • AnchorBank Group Life Insurance Plan • AnchorBank Long-Term Disability Insurance Plan • AnchorBank Flexible Spending Accounts • AnchorBank 401(k) Retirement Plan • Employment Agreement, dated as of June 23, 2011, by and between ▇▇▇▇▇ ▇▇▇▇▇ and the Bank.

  • Health Benefits and Dental Insurance, Vision Insurance, Flexible Spending Accounts, and Dependent Care Reimbursement, with companies approved by the board.


More Definitions of Flexible Spending Accounts

Flexible Spending Accounts. Flexible spending accounts provide associates the opportunity to set a side pre-tax dollars to pay for expenses not covered under the medical plan or to cover expenses for dependent care. The Health Care Spending Account annual maximum is $2,000. The Dependent Care Spending Account annual maximum is $5,000. The plans are administered by Cigna.
Flexible Spending Accounts. As outlined in Benefits in Brief for 2009 ▇▇▇▇, pages 21- 24 Flexible Spending Accounts (FSAs) Healthcare FSA for eligible healthcare expenses such as medical and dental deductibles and copayments, vision or hearing services, and many over-the-counter healthcare products. Dependent Care FSA for eligible child or adult care expenses for your legal dependents, such as licensed day care centers and nursery schools, before-school or after-school programs and home attendants.
Flexible Spending Accounts as defined in Section 4.12(d).
Flexible Spending Accounts. Has the meaning set forth in Section 4.7 of Schedule E to the General Terms and Conditions Schedule E