Common use of Flexible Spending Plan Clause in Contracts

Flexible Spending Plan. The District will offer a flexible spending, dependent care excess medical cost reimbursement account plan under Section 125 of the Internal Revenue Code (IRC). A Flexible Spending Account (FSA) allows unit members to designate a certain amount of taxable income on a pre- tax basis to pay out of pocket medical and dependent care expenses.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!