Common use of Health Care FSA Clause in Contracts

Health Care FSA. 1. Under the Cafeteria Plan, each employee will be allowed to make a separate pre-tax “salary reduction” election up to a maximum annual amount permitted by current applicable tax code and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer. 2. The salary reduction shall be made from each pay.

Health Care FSA. 1. a) Under the Cafeteria Plan, each employee will be allowed to make a separate pre-tax “salary reduction” election up to a maximum annual amount permitted by current applicable tax code of $5,000 per year (exclusive of any employee contributions for health coverage), and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer. 2. b) The salary reduction shall be made from each payin eighteen (18) equal installments beginning with the last pay in October.

Health Care FSA. 1. Under the Cafeteria Plan, each employee will be allowed to make a separate pre-pre- tax “salary reduction” election up to a maximum annual amount permitted by current applicable tax code of $2,500 per year (exclusive of any employee contributions for health coverage), and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer. 2. The salary reduction shall be made from each payin twenty four (24) equal installments beginning with the last pay in July.

Health Care FSA. 1. a. Under the Cafeteria Plan, each employee will be allowed to make a separate pre-tax “salary reduction” election up to a the maximum annual amount permitted by current applicable tax code per year (exclusive of any employee contributions for health coverage), and receive a corresponding credit under a health care FSA. Under the health care FSA, reimbursement may be received for medical expenses (under IRC Section 213) that are not otherwise reimbursable by the health care plans of the Board or of another employer. 2. b. The salary reduction shall be made from each payin eighteen (18) equal installments beginning with the last pay in October.