Dependent Care Flexible Spending Arrangement definition

Dependent Care Flexible Spending Arrangement. ("Dependent Care FSA") means a flexible spending arrangement established by the Plan Sponsor as described in Internal Revenue Code sections 129 and 125 and the underlying regulations.
Dependent Care Flexible Spending Arrangement or "DCFSA" or “Day Care FSA” means an account established by the Employer for designated allotments made by the Employee for reimbursement of Eligible Dependent Care Expenses.
Dependent Care Flexible Spending Arrangement or “Dependent Care FSA” means the Employer’s Dependent Care FSA as described in ARTICLE V.

Examples of Dependent Care Flexible Spending Arrangement in a sentence

  • Note that Cafeteria Plans, including any Dependent Care Flexible Spending Arrangement offered under the Cafeteria Plan, is not subject to ERISA.Receive Information about Your Plan and Benefits Examine, without charge, at the Plan Administrator's office and at other specified locations, all documents governing the Plan, including insurance contracts and if the group has 100 or more participants, a copy of the latest annual report (Form 5500 Series) filed by the Plan with the US Department of Labor.

  • As part of the health benefit plan, the Plan Sponsor may offer to Participants a Health and/or Dependent Care Flexible Spending Arrangement ("FSA") under Sections 105, 125, and 129 of the Internal Revenue Code ("Code") and the underlying regulations, which allows Participants to allocate pre-tax salary reduction contributions to an account (hereinafter referred to as "the Fund" or "Fund") and receivetax-free reimbursement for medical expenses and/or dependent care expenses.

  • The purpose of this Plan is to provide Employees a choice between cash and pre-tax coverage under a Medical Plan, Vision Plan, Dental Plan, Health Care Flexible Spending Arrangement (HCFSA) and/or Dependent Care Flexible Spending Arrangement (DCFSA).

  • The need for a revision of FAORs resources (IPA item 3.84) has been exacerbated by the changing environment in which FAO operates (characterized by the increased involvement of other actors in the agricultural sector and competition for resources among technical and UN agencies) as well as the ongoing reform process which is transferring more responsibilities to the field.

  • A Participant may change or terminate an election under the Dependent Care Flexible Spending Arrangement upon a Change In Status, but only if such change or termination is made on account of and corresponds with the Change In Status.

  • It is the intent of the Dependent Care Flexible Spending Arrangement that contributions or benefits not discriminate in favor or Highly Compensated Participants as defined in Section 7.2(e) or their Dependents.

  • Your salary or wage reductions for the Plan Year will be taken ratably on a per paycheck basis.By your election, certain contributions that you defer are set aside into your Health Care Flexible Spending Arrangement Account and/or your Dependent Care Flexible Spending Arrangement Account and are only to be reimbursed for eligible expenses.

  • Benefit payments under the Plan, including reimbursement under the Health Care Flexible Spending Arrangement and the Dependent Care Flexible Spending Arrangement, will be made only if the Plan Administrator, in its sole discretion and consistent with the terms of the Plan, as amended, decides that the claimant is entitled to such benefits.

  • She also indicated that she had traveled to Haiti approximately two years prior to the application, but had no future plans to travel.

  • The total amount of expenses eligible for the credit is $3,000 for one qualifying dependent and to $6,000 for two or more dependents.These expenses are also eligible for payment through a Dependent Care Flexible Spending Arrangement Account.


More Definitions of Dependent Care Flexible Spending Arrangement

Dependent Care Flexible Spending Arrangement means the program of benefits contained in this Article, which provides for the reimbursement of eligible expenses for the care of the Qualifying Dependents of Participants.

Related to Dependent Care Flexible Spending Arrangement

  • Medical flexible spending arrangement means a benefit plan

  • Dependent care assistance program means a benefit plan

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • Nursing Care Plan means a plan of care developed by a nurse that describes the medical, nursing, psychosocial, and other needs of a child and how those needs shall be met. The Nursing Care Plan includes which tasks shall be taught, assigned, or delegated to the qualified provider or family.

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • Dependent Care Expenses means employment-related expenses incurred on behalf of a person who meets the requirements to be a "Qualifying Individual," as defined in the first bulleted item below. All of the following conditions must be met for such expenses to qualify as Dependent Care Expenses that are eligible for reimbursement:

  • Continuing care retirement community means a residential

  • Child welfare services means social services including

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • child care element of working tax credit means the element of working tax credit prescribed under section 12 of the Tax Credits Act 2002 (child care element).

  • Dependent child means a child residing in an individual’s household who may legally be claimed as a dependent on the federal income tax of such individual.

  • Health Plans means any and all individual and family health and hospitalization insurance and/or self-insurance plans, medical reimbursement plans, prescription drug plans, dental plans and other health and/or wellness plans.

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Hospitalization means admission in a Hospital for a minimum period of 24 consecutive ‘In- patient Care’ hours except for specified procedures/ treatments, where such admission could be for a period of less than 24 consecutive hours.

  • Intensive Care Unit means an identified section, ward or wing of a hospital which is under the constant supervision of a dedicated medical practitioner(s), and which is specially equipped for the continuous monitoring and treatment of patients who are in a critical condition, or require life support facilities and where the level of care and supervision is considerably more sophisticated and intensive than in the ordinary and other wards.

  • Acute care hospital means a Hospital that provides Acute Care Services. Adjudicate means to deny or pay a Clean Claim. Administrative Services see MCO Administrative Services. Administrative Services Contractor see HHSC Administrative Services Contractor.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Long-term care facility means a nursing home, retirement care, mental care, or other facility or institution that provides extended health care to resident patients.

  • Retiree means any person who has begun accruing a retirement

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Family child care home means a private home in which 1 but fewer than 7 minor children are received for care and supervision for compensation for periods of less than 24 hours a day, unattended by a parent or legal guardian, except children related to an adult member of the household by blood, marriage, or adoption. Family child care home includes a home in which care is given to an unrelated minor child for more than 4 weeks during a calendar year. A family child care home does not include an individual providing babysitting services for another individual. As used in this subparagraph, "providing babysitting services" means caring for a child on behalf of the child's parent or guardian if the annual compensation for providing those services does not equal or exceed $600.00 or an amount that would according to the internal revenue code of 1986 obligate the child's parent or guardian to provide a form 1099-MISC to the individual for compensation paid during the calendar year for those services.

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

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