Common use of Other Factors Clause in Contracts

Other Factors. The combined employee and District HSA contributions shall not exceed the annual calendar year limits established by the IRS for such contributions. See IRS Publication 969 for eligibility. Employees who have mid-plan year life status changes will have their HSA employer paid contribution prorated by 12 months, provided they are eligible to participate in the HSA plan. Those employees who are not eligible to participate in an HSA due to IRS established age restrictions, currently age 65 and over, or employees who do not elect to participate in an HSA, will receive the employer contribution into a Flexible Spending Account.

Other Factors. The combined employee and District HSA contributions shall not exceed the annual calendar year limits established by the IRS for such contributions. See IRS Publication 969 for eligibility. Employees who have mid-plan year life status changes will have their HSA employer paid contribution prorated by 12 months, provided they are eligible to participate in the HSA plan. Those employees who are not eligible to participate in an HSA due to IRS established age restrictions, currently age 65 and over, or employees who do not elect to participate in an a HSA, will receive the employer contribution into a Flexible Spending Account.

Other Factors. The combined employee and District HSA contributions shall not exceed the annual calendar year limits established by the IRS for such contributions. See IRS Publication 969 for eligibility. Employees who have mid-plan year life status changes will have their HSA employer paid contribution prorated by 12 months, provided they are eligible to participate in the HSA plan. Those employees who are not eligible to participate in an a HSA due to IRS established age restrictions, currently age 65 and overbecause they are enrolled in Medicare, or employees who do not elect to participate in an HSA, HSA will receive the employer contribution into a Flexible Spending Account.

Other Factors. The combined employee and District HSA contributions shall not exceed the annual calendar year limits established by the IRS for such contributions. See IRS Publication 969 for eligibility. Employees who have mid-plan year life status changes will have their HSA employer paid contribution paidcontribution prorated by 12 months, provided they are eligible to participate in the HSA plan. Those employees who are not eligible to participate in an a HSA due to IRS established age restrictions, currently age 65 and overbecause they are enrolled inMedicare, or employees who do not elect to participate in an HSA, HSA will receive the employer contribution into a Flexible Spending Account.

Other Factors. The combined employee and District HSA contributions shall not exceed the annual calendar year limits established by the IRS for such contributions. See IRS Publication 969 for eligibility. Employees who have mid-plan year life status changes will have their HSA employer paid contribution prorated by 12 months, provided they are eligible to participate in the HSA plan. Those employees who are not eligible to participate in an HSA due to IRS established age restrictions, currently age 65 and overbecause they are enrolled in Medicare, or employees who do not elect to participate in an HSA, HSA will receive the employer contribution into a Flexible Spending Account.