Flexible Spending Arrangement. CEO shall be eligible to participate in Sound Transit’s Flexible Spending Arrangement plan, as currently in effect or hereafter amended at Sound Transit’s discretion. As to CEO, this benefit currently includes a matching contribution by Sound Transit up to the maximum allowable under the Internal Revenue Code Section 125 regulations, which for 2019 is anticipated to be Two Thousand and Seven Hundred Dollars and No Cents ($2,700.00).
Flexible Spending Arrangement. The City will offer the health care FSA to BPMA bargaining unit members.
Flexible Spending Arrangement. As an alternative, Your pre-tax pay can be allotted to the Limited Purpose Health Care Flexible Spending Arrangement. Under the Limited Purpose Health Care Flexible Spending Arrangement, reimbursements are limited to Eligible Health Care Expenses for dental and vision care services and products that meet the IRS definition of medical care. In addition, the expenses cannot be paid by Your Medical Plan coverage or any other insurance. I cannot request reimbursements for qualifying medical care expenses unless they are incurred by me and/or any of the following “dependents”: • My legal spouse • A qualifying child who is a U.S. citizen, national, or a resident of the U.S., Mexico, or Canada, and – − Is not someone else’s qualifying child, − Has a specified family-type relationship to me, − Lives in my household for more than half of the taxable year, − Is 18 years or younger, (23 years if a full time student at the end of the taxable year), and − Has not provided more than one-half of his or her own support during the taxable year. If permitted by my plan a dependent may also include a child who does not attain age 27 during my taxable year and has the following relationship to me: son/daughter or stepson/stepdaughter, eligible xxxxxx child, legally adopted child or legally placed with me for adoption. Ask Human Resources if this provision applies. • A qualifying individual who is a U.S. citizen, national, or a resident of the U.S., Mexico, or Canada, and – − Has a specified family-type relationship to me, is not someone else’s qualifying child, and receives more than one-half of his or her support from me during the taxable year, or − If no specified family-type relationship to me exists, is a member of and lives in my household (without violating local law) for the entire taxable year and receives more than half of his or her support from me during the taxable year. There is no age requirement for a qualifying child if he or she is physically and/or mentally incapable of self-care. An eligible child of divorced parents is treated as a dependent of both, so either or both parents can establish a HCFSA. On Section 2 of this form, please identify the dependents for whom reimbursements will be requested. If you are unsure about whether an individual is a “dependent” we recommend you consult with your tax advisor for assistance. ■■■■■■■■■■■■■ Debit Card Information ■■■■■■■■■■■■■ If elected by my Employer, a debit card will be issued to me. With the card, I may pa...
