Common use of Cash benefit Clause in Contracts

Cash benefit. Available amounts not used for the purchase of benefits under this Plan may be considered a cash benefit under the Plan payable to the Participant as taxable income to the extent indicated in Item E of the Adoption Agreement.

Appears in 6 contracts

Samples: Section 125 Flexible Benefit Plan Adoption Agreement, Section 125 Flexible Benefit Plan, Section 125 Flexible Benefit Plan

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Cash benefit. Available amounts not used for the purchase of benefits under this Plan may be considered a cash benefit under the Plan payable to the Participant as taxable income to the extent indicated in Item E of the Adoption Agreement.

Appears in 1 contract

Samples: Section 125 Flexible Benefit Plan Adoption Agreement

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Cash benefit. Available amounts not used for to pay the purchase cost of benefits (pursuant to Section 3.04) under this Plan may be considered a cash benefit under the Plan payable to the Participant as taxable income to the extent indicated in Item E of the Adoption Agreement.

Appears in 1 contract

Samples: Section 125 Flexible Benefit Plan Adoption Agreement

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