Common use of Health Care Account Clause in Contracts

Health 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, to be used for reimbursement of medical expenses which are not covered by insurance. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage and parking. 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: Agreement, Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Health 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, to be used for reimbursement of medical expenses which are not covered by insurance. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage and parking. 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 6 contracts

Samples: Agreement, dam.assets.ohio.gov, dam.assets.ohio.gov

Health Care Account. An eligible employee may elect to have a specified amount withheld on a pre-tax basis from the first two pay checks each paymonth, up to the annual maximum, to be used for reimbursement of medical expenses which are not covered by insurance, in accordance with the plan and IRS regulations. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage and parking. 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 6 contracts

Samples: Agreement, www.uc.edu, dam.assets.ohio.gov

Health Care Account. An eligible employee may elect to have a specified amount withheld on a pre-pre- tax basis from the first two pay checks of each pay, month up to the annual maximum, to be used for reimbursement of medical expenses which are not covered by insurance, in accordance with the plan and IRS regulations. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage and parking. 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 4 contracts

Samples: Collective Bargaining Agreement, serb.ohio.gov, staging4.uc.edu

Health 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, to be used for reimbursement of medical expenses which are not covered by insurance. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage and parking. 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 under current IRS rules, the unused funds will be forfeited.

Appears in 2 contracts

Samples: Agreement, serb.ohio.gov

AutoNDA by SimpleDocs

Health 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, to be used for reimbursement of medical expenses expenses, which are not covered by insurance. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage in accordance with the plan and parkingIRS regulations. 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: Agreement, Agreement

Health 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, to be used for reimbursement of medical expenses which are not covered by insurance. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage and parking. Funds which are withheld must be reimbursed for expenses incurred in the Plan year in which they are withheld or, or within the grace periodfirst 2 months of the next plan year (carryover), or under current IRS rules, the unused funds will be forfeited.

Appears in 1 contract

Samples: serb.ohio.gov

Health Care Account. An eligible employee may elect to have a specified amount withheld on a pre-pre- tax basis from each pay, up to the annual maximum, to be used for reimbursement of medical expenses which are not covered by insurance. Eligible expenses are those currently recognized as deductible for Federal Tax purposes, except mileage and parking. 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: dam.assets.ohio.gov

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