Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.
Health Savings Account or “HSA” shall mean a “health savings account” as defined in Section 223 of the Code.
Health Savings Account or "HSA" means a trust created or organized in the United States as a health savings account exclusively for the purpose of paying the HSA Qualified Medical Expenses of the account beneficiary, the account beneficiary's spouse, and the account beneficiary's dependents (as defined in Code Section 152, determined without regard to subsections (b)(l), (b)(2), and (d)(l)(B) thereof) that meets the requirements of Code Section 223(d) and that is recognized by the Plan Administrator, in its sole discretion, as eligible to receive contributions under the Plan.
Examples of Health Savings Account in a sentence
Through its annual health insurance renewal process, the Employer will use reasonable effort to find a Health Savings Account (HSA) plan that is comparable in terms of the Employer’s costs to the 2020 plan.
Effective July 1, 2008, the City’s Health Care Plan for retirees shall be converted from a fully City funded premium cost basis to a joint employee/employer funded contribution basis into a Retiree Health Savings Account (RHSA).
More Definitions of Health Savings Account
Health Savings Account means a health savings account, as defined in Code Section 223(d).
Health Savings Account means a health savings account described in 26 USC 223.
Health Savings Account or "account" means a trust or custodian established in this state pursuant to a health savings account program exclusively to pay the qualified medical expenses of an eligible individual or their dependents, but only if the written governing instrument creating the account meets the following requirements:
Health Savings Account or “HSA” means the tax-exempt trust or custodial account established in accordance with Section 223 of the Code to permit eligible participants to receive tax-favored contributions exclusively for the purpose of paying or reimbursing qualified medical expenses.
Health Savings Account or “HSA” means an Internal Revenue Code Section 223 Account under which a Participant is covered, which is used to pay medical expenses eligible under the HSA. Such Accounts are established and maintained outside of the Plan with an HSA trustee/custodian.
Health Savings Account or “HSA” means a tax-exempt trust or custodial account under Section 223 of the Code that is established with a qualified HSA trustee or custodian.
Health Savings Account or "HSA" means a trust created or organized in the United States as a health savings account exclusively for the purpose of paying the qualified medical expenses of the account beneficiary that meets the requirements of Code Section 223(d) and that is recognized by the Plan Administrator, in its sole discretion, as eligible to receive salary reduction contributions.