Dependent Care Assistance Account definition

Dependent Care Assistance Account means the bookkeeping account maintained by the Administrator used for crediting contributions and deducting Dependent Care Expense payments and reimbursements.
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Dependent Care Assistance Account means the account established for a Participant pursuant to this Article to which part of his Cafeteria Plan Benefit Dollars may be allocated and from which Employment-Related Dependent Care Expenses of the Participant may be reimbursed.
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Dependent Care Assistance Account means the account established under Section 7.1 for each Participant, as increased under Section 7.2 by allocated Pay Conversion Contributions and as decreased under Section 7.3 by benefit payments made to the Participant.
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Examples of Dependent Care Assistance Account in a sentence

  • The purpose of this account is to provide a method through which the employee can accumulate pre-tax funds in a Dependent Care Assistance Account for purposes of reimbursing himself or herself for childcare expenses or day care for a disabled dependent.

  • If the balance in the Dependent Care Assistance Account is insufficient to pay a claim in full, the unpaid balance of the claim shall be carried over and paid when and if a sufficient amount is credited to the Dependent Care Assistance Account later in the Plan Year.

  • The purpose of this account is to provide a method through which the employee can accumulate pre-tax funds in a Dependent Care Assistance Account for purposes of reimbursing himself or herself for child care expenses or day care for a disabled dependent.

  • Benefits from a Participant’s Dependent Care Assistance Account for each Plan Year shall be paid only for Dependent Care Expenses incurred during that Plan Year.

  • The District shall establish and maintain a Dependent Care Assistance Account for each Participant who elects to receive reimbursement for Dependent Care Expenses under the Dependent Care Assistance Plan.

  • Claims shall be paid only to the extent of the balance in the Participant’s Dependent Care Assistance Account at the time the claim is filed.

  • Similarly, if a Participant terminates employment and elects not to continue participation in the Plan, any amount remaining in his Dependent Care Assistance Account after reimbursing all claims incurred while employed by the District shall be forfeited.

  • A Participant’s benefits under the Medical Reimbursement Plan and the Dependent Care Assistance Plan shall be funded through the pay reductions a Participant has allocated to his Medical Reimbursement Account and Dependent Care Assistance Account.

  • Amounts credited to a Participant’s Dependent Care Assistance Account shall be used to reimburse the Participant for Dependent Care Expenses.

  • If any balance remains in a Participant’s Dependent Care Assistance Account for a Plan Year after all reimbursements under the Dependent Care Assistance Plan have been made, the balance shall be forfeited by the Participant.


More Definitions of Dependent Care Assistance Account

Dependent Care Assistance Account means the account established for a Participant pursuant to this Plan to which part of their Flexible Benefits Plan Dollars may be allocated and from which all employment-related dependent care expenses of the Participant may be reimbursed.
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Dependent Care Assistance Account means the account established for a Participant pursuant to this Article to which part of the Participant’s Compensation may be allocated as provided for on the completed election form and from which Employment-Related Dependent Care Expenses of the Participant may be reimbursed.
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Dependent Care Assistance Account means the account described in the Article VIII hereof.
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Dependent Care Assistance Account means the Account established and maintained by the District under Section VI to record the amount by which a Participant reduces his/her compensation to receive reimbursement of certain dependent care expenses under the Dependent Care Assistance Plan.
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Dependent Care Assistance Account means the account established for a Participant pursuant to this Plan to which part of their Flexible Benefits Plan Dollars may be allocated and from which all employment- related dependent care expenses of the Participant may be reimbursed.
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Dependent Care Assistance Account means the Account established and maintained by the District under Article VI to record the amount by which a Participant reduces his/her compensation to receive reimbursement of certain dependent care expenses under the Dependent Care Assistance Plan.
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Related to Dependent Care Assistance Account

  • Dependent care assistance program means a benefit plan

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Continuing care retirement community means a residential

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

  • Employee Assistance Program means an established program for employee assessment, counseling, and referral to an alcohol and drug rehabilitation program.

  • Primary Care Provider (PCP) means a health care professional who is contracted with BCBSAZ as a PCP and generally specializes in or focuses on the following practice areas: internal medicine, family practice, general practice, pediatrics or any other classification of provider approved as a PCP by BCBSAZ. Your benefit plan does not require you to have a PCP or to have a PCP authorize specialist referrals.

  • Professional employer services means services provided to a client company pursuant to a written

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Professional employer agreement means a written contract

  • Medical Assistance Program means the medical assistance provided pursuant to Chapter 319v of the Connecticut General Statutes (CGS) and authorized by Title XIX of the Social Security Act. The program is also referred to as Medicaid.

  • Routine patient care costs means Covered Medical Expenses which are typically provided absent a clinical trial and not otherwise excluded under the Policy. Routine patient care costs do not include:

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Emergency medical services personnel means that term as defined in section 20904 of the public health code, 1978 PA 368, MCL 333.20904.

  • Long-term inpatient care means inpatient services for

  • Health care plan means any contract, policy or other arrangement for benefits or services for medical or dental care or treatment under:

  • Emergency medical services provider means a person who has received formal training in prehospital and emergency care, and is licensed to attend any person who is ill or injured or who has a disability. Police officers, firefighters, funeral home employees and other persons serving in a dual capacity one of which meets the definition of “emergency medical services provider” are “emergency medical services providers” within the meaning of this chapter.

  • Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.