Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from each pay, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or the grace period, or under current IRS rules, the unused funds will be forfeited.
Appears in 9 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from the first two paychecks of each paymonth, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or within the grace periodfirst two (2) months of the next plan year (carryover) or, or under current IRS rules, the unused funds will be forfeitedbeforfeited.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from the first two paychecks of each paymonth, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or within the grace periodfirst two (2) months of the next plan year (carryover) or, or under current IRS rules, the unused funds will be forfeited.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-pre- tax basis from the first two paychecks of each paymonth, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or the grace period, or under current IRS rules, the unused funds will be forfeited.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from each pay, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or within the grace periodfirst two (2) months of the next plan year (carryover) or, or under current IRS rules, the unused funds will be forfeited.
Appears in 2 contracts
Samples: Agreement Between the University of Cincinnati and the Ohio Nurses Association, Agreement Between the University of Cincinnati on Behalf of Hoxworth Blood Center and the Ohio Nurses Association
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from the first two paychecks of each paymonth, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or the grace period, or under current IRS rules, the unused funds will be forfeited.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from each pay, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or within the grace periodfirst 2 months of the next plan year (carryover) or, or under current IRS rules, the unused funds will be forfeited.
Appears in 1 contract
Samples: Agreement Between the University of Cincinnati and the Ohio Nurses Association
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from the first two paychecks of each paymonth, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or within the grace periodfirst two ( 2) months of the next plan year (carryover) or, or under current IRS rules, the unused funds will be forfeitedbeforfeited.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from the first two (2) pay checks of each paymonth, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or the grace period, or under current IRS rules, the unused funds will be forfeited.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Dependent Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from the first two pay checks of each paymonth, up to the annual maximum allowed by law to be used for reimbursement of dependent care expenses which are specified by IRS rules but which are not claimed under the federal tax credit. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld, or the grace period, or under current IRS rules, the unused funds will be forfeited.
Appears in 1 contract
Samples: Collective Bargaining Agreement