HSA Contributions definition

HSA Contributions. Single coverage: the BOARD will make an annual contribution of $500 in the HSA. Additionally, the BOARD will make matching contributions up to $250 in all three years (FY23-FY25) if the staff member contributes a matching amount to the HSA. For an employee with family or employee+kid’s coverage, the BOARD will make an annual contribution of $1,000 in the HSA. Additionally, the BOARD will make matching contributions up to $500 in all three years (FY23-FY25) if the staff member contributes a matching amount to the HSA. Board contributions to HSA accounts will be paid as follows: fifty percent (50%) with the first pay in January, and fifty percent (50%) with the first pay in August. The matching contributions will be paid at the same rate as the employee-elected deductions, until the maximum BOARD contribution has been met.
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HSA Contributions means pre-tax contributions towards an HSA under this
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HSA Contributions has the meaning set forth in Section 7.10.
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Examples of HSA Contributions in a sentence

  • HSA Contributions In addition, the City will deposit annually into employee’s HSA plans $1,200 for an individual plan, $2,500 for a 2-party plan and $2,300 for a family plan.

  • Minimum Board HSA Contributions will be spread out over the course of 26/27 paychecks per year.

  • EMPLOYEE BOARD PERCENTAGE TIERS PAID The Board shall make the following HSA contribution for eligible employees: 2017-2018 two (2) HSA Contributions, the first will be deposited in a lump sum in July 2017, the second will be deposited in January 2018 for a total of either $3,600 single or $5,000 employee+, spanning two (2) plan years.

  • Accrued Unpaid HSA Contributions (July 2021-December 2021): $3,600.00 The Company shall remain liable and responsible to pay the foregoing amounts to Employee as soon as possible, including any applicable employer state and federal tax obligations and/or employer contributions with respect thereto.

  • If it shall be determined as a result of any audit that Buyer has not been utilizing all of the HSA Contribution (as defined in Section 11 below) in the manner required by this Agreement, then HSA shall be entitled to a credit against the next HSA Contribution(s), until such credit has been fully exhausted, in an amount equal to the deficiency discovered by HSA.

  • If you are married, your spouse will also be ineligible to make HSA Contributions.

  • HSA Contributions provided by the Employer are calculated as 50% of the deductible for the employee’s medical plan.

  • HSA Contributions shall be $500 for single plans and $1,000 for family plans.

  • New Insurance Deduction p.1037 Oct.'10 Discontinue H.S.A. Contributions to employee accts.

  • HSA Contributions per plan year: Group 2022 2023 2024 EE Only $300 $300 $300 EE + Dependent(s) $800 $800 $800 The Employer will pay the entire amount of its contributions to HSAs in the first full pay period in January in 2022, 2023 and 2024.


More Definitions of HSA Contributions

HSA Contributions means the contribution amount elected by the Participant to contribute to the Participant’s HSA under a Compensation Reduction Agreement. In no event shall the amount elected exceed the statutory maximum amount for HSA Contributions applicable to the Participant’s High Deductible Health Plan coverage for the calendar year in which the HSA
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