health spending account definition

health spending account means a private health services plan as defined by the Income Tax Act (Canada);
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health spending account. HSA - is an Employee Benefit - whereby an "Account" - made up of a fixed sum of money per Employee / Year - is set up - from which the Employee may draw
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health spending account means a private health services plan as defined by the
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More Definitions of health spending account

health spending account. HSA: A Health Spending Account will be implemented commencing Apr 1/10 as follows: • Apr 1/10 - “HSA” = $250 Yr Full-Time / $125 Yr Part-Time - Employer Paid. • Apr 1/11 - “HSA” = $500 Yr Full-Time / $250 Yr Part-Time - Employer Paid. HSA Eligibility - In order to be eligible for HSA coverage - Employee must be enrolled in the “Extended Health Care Plan” - “Enhanced” Plan. Full-Time (FT) HSA Coverage - will apply to Employees who are paid 1,500-hours or more per calendar year at straight time rates of pay. Part-Time (PT) HSA Coverage - will apply to Employees who are paid less than1, 500-hours per calendar year at straight time rates of pay. Year - will be defined as the period January 1 to December 31. In the subsequent Year, HSA coverage (FT or PT) will be based on the Employee’s regular paid hours (excluding OT) in the previous Year. HSA Coverage / New Employees / Hired on or after Apr 1/10 (commencement date of HSA) - All new Employees hired on or after Apr 1/10 will commence HSA coverage following 1-Year of participation in the “Enhanced” Extended Health Care Plan. A “Health Spending Account” - HSA - is an Employee Benefit - whereby an “Account” - made up of a fixed sum of money per Employee / Year - is set up - from which the Employee may draw:
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health spending account. HSA:  A Health Spending Account will be implemented commencing Apr 1/10 as follows:  Apr 1/10 - "HSA" = $250 Yr Full-Time / $125 Yr Part-Time - Employer Paid.  Apr 1/11 - "HSA" = $500 Yr Full-Time / $250 Yr Part-Time - Employer Paid.  HSA Eligibility - In order to be eligible for HSA coverage - Employee must be enrolled in the "Extended Health Care Plan" - "Enhanced" Plan.  Full-Time (FT) HSA Coverage - will apply to Employees who are paid 1,500-hours or more per calendar year at straight time rates of pay.  Part-Time (PT) HSA Coverage - will apply to Employees who are paid less than 1,500 hours per calendar year at straight time rates of pay.  Year - will be defined as the period January 1 to December 31.  In the subsequent Year, HSA coverage (FT or PT) will be based on the Employee's regular paid hours (excluding OT) in the previous Year.  HSA Coverage / New Employees / Hired on or after Apr 1/10 (commencement date of HSA) - All new Employees hired on or after Apr 1/10 will commence HSA coverage following 1-Year of participation in the "Enhanced" Extended Health Care Plan.
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Related to health spending account

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • the We Love Manchester Emergency Fund means the registered charity of that name (number 1173260) established on 30th May 2017;

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Holding Account means an account:

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Consumer account means an account established primarily for personal, family, or household use.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Company Account means the bank or/and electronic Account of the Company, and the Company Account in the Processing Center.