Account Balance Carry Forward Provisions Sample Clauses

Account Balance Carry Forward Provisions. The same carry forward provisions will apply to both the HCSA and TWSA. • Unused account balances can be carried forward and combined with new Flex Credit allocations for the following calendar year.
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Account Balance Carry Forward Provisions. The same carry forward provisions will apply to both the HCSA and TWSA. • Unused account balances can be carried forward and combined with new Flex Credit allocations for the following calendar year. • At the end of the second calendar year, any balances remaining from the previous year will be forfeited (i.e. spending in any one (1) year must exceed funds carry forward from the year immediately preceding). • Carry forward balances must remain in the original accounts (i.e. no inter account transfers are permitted once the allocation election has been made).
Sample 1Sample 2Sample 3See All (8)
Account Balance Carry Forward Provisions. The same carry forward provisions will apply to all three (3) accounts. • Unused account balances can be carried forward and combined with new Flex Credit allocations for the following calendar year.
Sample 1Sample 2Sample 3See All (5)
Account Balance Carry Forward Provisions. Unused TWSA account balances can be carried forward and combined with new TWSA credits for the following calendar year.
Sample 1Sample 2Sample 3See All (4)
Account Balance Carry Forward Provisions i. The same carry forward provisions will apply to all three (3) accounts.
Sample 1Sample 2
Account Balance Carry Forward Provisions a. The same carry forward provisions will apply to both the HCSA and TWSA.
Sample 1Sample 2

Related to Account Balance Carry Forward Provisions

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

  • Allocation of Senior Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Senior Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Carry Forward and Transfer Employees will be allowed to carry forward, from year to year of service, any unused sick leave allowed under this provision, and will retain and carry forward any unused sick leave accumulated prior to the effective date of this Agreement. When an employee moves from one state of Washington employer to another, without a break in service, the employee’s accrued sick leave will be transferred to the new employer for the employee’s use.

  • Average Contribution Amount For purposes of this Agreement, to ensure that all employees enrolled in health insurance through the City’s HSS are making premium contributions under the Percentage-Based Contribution Model, and therefore have a stake in controlling the long term growth in health insurance costs, it is agreed that, to the extent the City's health insurance premium contribution under the Percentage-Based Contribution Model is less than the “average contribution,” as established under Charter section A8.428(b), then, in addition to the City’s contribution, payments toward the balance of the health insurance premium under the Percentage-Based Contribution Model shall be deemed to apply to the annual “average contribution.” The parties intend that the City’s contribution toward employee health insurance premiums will not exceed the amount established under the Percentage-Based Contribution Model.

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