Spending Account definition

Spending Account means a trust, where all funds, including any interest earned on those funds, remain in the possession and control of the Locomotive Operator; are dedicated solely to compliance with the Spending Account requirements; and are not comingled with any other funding source in this account. .
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Spending Account means the Dependent Care Spending Account established under this Plan.
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Spending Account means either a HCSA or a DCSA, which the Employer has elected to offer to Eligible Employees as a benefit under this Plan. Each Spending Account is a hypothetical bookkeeping account established by the Employer to track the contributions and the payment of Health Care Expenses and Dependent Care Expenses, as applicable.
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Examples of Spending Account in a sentence

  • Effective April 1, 2010, a Health Spending Account (HSA) shall be made available for eligible nurses.

  • For employees waiving primary participation in a County-sponsored health plan, the County’s contribution will be deposited into the employee’s Flexible Spending Account.

  • The Health Spending Account (HSA) will remain active for the duration of parental leave but no further credits will be contributed to the HSA during this time.

  • The Board will make available for the duration of the Agreement the opportunity for employees, who are eligible for health insurance, to participate in a Flexible Spending Account Plan.

  • The County agrees to maintain a Flexible Spending Account plan pursuant to relevant provisions of the Internal Revenue Code and to continue paying the enrollment and administrative fees.

  • After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed.

  • An employee may make contributions to a Dependent Care Spending Account provided the employee meets requirements prescribed by federal regulations.

  • The Company agrees that the Voluntary Flexible Spending Account Plan, which is covered by supplementary agreement, shall be continued for the life of this agreement.

  • A Health Care Spending Account (HCSA) option will be provided to employees eligible for benefits.

  • In accordance with IRS regulations, the Board shall implement a Flexible Spending Account (FSA) benefit for bargaining unit members no later than July 1, 2017.


More Definitions of Spending Account

Spending Account means any Account opened through Greenwood. Unless it would be inconsistent to do so, words and phrases used in this Agreement should be construed so that the singular includes the plural and the plural includes the singular.
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Spending Account or “Spruce Spending Account” means the Spruce-branded demand deposit checking account established for you at MetaBank.
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