Saving Account definition
Examples of Saving Account in a sentence
If the certificate is no longer offered at the time of renewal the funds will be transferred to your Regular Savings Account and if you do not have a Regular Saving Account, we will open one for you and the funds from the term certificate that is no longer offered will be deposited until we receive final instructions from you.
Beginning· on October 1, 2016, all newly hired employees hired after that date and current employees presently not enrolled in any insurance plan but due to a "life event change" become eligible for coverage will only be able to enroll in the Health Saving Account (HSA) health insurance policy.
Beginning January 1, 2008, the school corporation shall offer a Health Saving Account (HSA) health insurance option (Plan C HSA) and beginning January 1, 2009, new HSA enrollees shall have one half of either $1,000 (single) or $2,500 (family) deposited into the employee's HSA account in January and then the remainder of the amount will be divided into equal payments and deposited monthly beginning in July.
The District will contribute to the employees’ HSA (Health Saving Account) 90% of the difference between the premium for those employees who select an HSA qualified health plan and the insurance maximum contributions.
Subject to the requirements of the insurer and terms of the Plan Documents, an employee may choose between a Health Saving Account (HSA) or Health Reimbursement Accounts (HRA).
A current or saving account may be opened by submitting a completed Current or Saving Account Application Form.
The minimum rate is the dividend rate on your Classic Saving Account.
The employer shall pay the following annual amounts towards the total cost of the Employee selected medical plans available to members inclusive of medical premium and Health Saving Account (HSA) funding described below for each plan year.
Secondary Flexible Saving Account: A type of demand deposit account which is automatically opened by the Bank in accordance with investment fund, TL, foreign currency, etc.
The Board will also match up to $1,200.00 annually for family and $600.00 for single plans to be deposited directly into the bargaining unit members Health Saving Account for the period of this contract starting July 1, 2015.