Common use of IRC 125 Plan Clause in Contracts

IRC 125 Plan. The Employer will provide a flexible spending account benefits program through a third party administrator for all employees (this is a tax-deferred program, paid with pre-tax dollars for health, dependent care expenses and other legal options available under Internal Revenue Code (IRC) 125). All employees covered under the terms of this agreement shall be eligible to participate in the Napa County Office of Education IRC 125 Plan provided they meet the IRC criteria. Some of the components of the plan are: • Excess health insurance premiums • Dependent care • Non-reimbursed medical expenses • Any other legally available options under IRC 125

IRC 125 Plan. The Employer will provide a flexible spending account benefits program through a third party administrator for all employees (this is a tax-tax- deferred program, paid with pre-tax dollars for health, dependent care expenses and other legal options available under Internal Revenue Code (IRC) 125). All employees covered under the terms of this agreement shall be eligible to participate in the Napa County Office of Education IRC 125 Plan provided they meet the IRC criteria. Some of the components of the plan are: • Excess health insurance premiums • Dependent care • Non-reimbursed medical expenses • Any other legally available options under IRC 125