Dependent Care Spending Account definition

Dependent Care Spending Account means the Dependent Care Spending Account established pursuant to Section 6.2.
Dependent Care Spending Account means the account described in Article 5.
Dependent Care Spending Account means the Flexible Spending Account established and maintained by Employer under Section 6.1 to record the allocation of a Participant’s Compensation Reductions for the reimbursement of dependent care expenses.

Examples of Dependent Care Spending Account in a sentence

  • An employee may make contributions to a Dependent Care Spending Account provided the employee meets requirements prescribed by federal regulations.

  • Eligible employees may designate a specific amount of pre-tax money (IRS restrictions apply) to be withheld from their paycheck to reimburse eligible out-of- pocket Health Care Spending Account (HCSA) and Dependent Care Spending Account (DCSA) expenses.

  • Contributions or matching contributions made to the Health Flexible Spending Account, Limited Purpose Flexible Spending Account, and Dependent Care Spending Account generally do not count toward the annual contribution limit as described in the Section Titled: "Limitation on Allocations".

  • The Employer may provide non-elective contributions in the form of Employer Funding into the Health Flexible Spending Account, Limited Purpose Flexible Spending Account, and Dependent Care Spending Account to the extent as described in the Section Titled: "Limitation on Allocations".

  • The Company will provide access to the following plans on an optional basis: Supplemental Life Plan, Supplemental AD&D Plan, 10% Supplemental Long Term Disability Plan benefit, and Health Care and Dependent Care Spending Account Plans.

  • The Employer may provide non-elective contributions in the form of Employer Funding into the Health Flexible Spending Account and Dependent Care Spending Account to the extent as described in the Section Titled: "Limitation on Allocations".

  • Contributions or matching contributions made to the Health Flexible Spending Account and Dependent Care Spending Account generally do not count toward the annual contribution limit as described in the Section Titled: "Limitation on Allocations".

  • The flexible benefit plan shall include Medical Care Spending Account and Dependent Care Spending Account.

  • The procedure set forth below does not apply to benefit claims filed under the Benefit Plan Options other than the Health Care Spending Account and Dependent Care Spending Account.

  • You can use the Dependent Care Spending Account to pay for dependent care expenses on a tax-free basis.


More Definitions of Dependent Care Spending Account

Dependent Care Spending Account means an individual account established and maintained for a Participant to which Contributions are periodically credited pursuant to Section 5.37.060 F of this chapter and from which Dependent Care Expenses are paid.
Dependent Care Spending Account means the Account established for a Participant to record the contributions which the Participant has elected to make to such Account and the reimbursements made to such Participant for eligible Dependent Care Expenses.
Dependent Care Spending Account. ” or “DCSA” means the Component Plan described in Article VIVIII.
Dependent Care Spending Account means the account established for a Participant pursuant to this Article to which part of Employee Contributions may be allocated and from which Employment-Related Dependent Care Expenses of the Participant may be reimbursed.
Dependent Care Spending Account. This perquisite is a program completely separate from the Dependent Care Spending Account available through the Seagram Flexible Benefits Program. The child/elder care perquisite is designed to supplement executives' contributions to the Dependent Care Spending Account, not to replace it. The Dependent Care Spending Account available through the Seagram Flexible Benefits Program is a tax-effective way to pay for dependent care. However, Seagram recognizes that IRS rules often limit executives' contributions to this account and offers this perquisite to make up any difference on an after-tax basis.

Related to Dependent Care Spending Account

  • Medical flexible spending arrangement or "medical FSA" means a benefit plan whereby eligible state employees may reduce their salary before taxes to pay for medical expenses not reimbursed by insurance as provided in the salary reduction plan established under chapter

  • Dependent care assistance program or "DCAP" means a benefit plan whereby school employees may pay for certain employment related dependent care with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 129 or other sections of the Internal Revenue Code.

  • Medical savings account means an account exempt from federal income taxation pursuant to Section 220 of the United States Internal Revenue Code (26 U.S.C. § 220).

  • 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.

  • 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)).

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • 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.

  • 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.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Eligible Dependent means a child of an Eligible Retiree who satisfies the requirements for eligibility described in the Eligibility section of this document.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Continuing care retirement community means a residential

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Medicare eligible expenses means expenses of the kinds covered by Medicare Parts A and B, to the extent recognized as reasonable and medically necessary by Medicare.

  • Retiree means any person who has begun accruing a retirement

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

  • Qualifying Educational Program means a program at a post-secondary school level of not less than three consecutive weeks duration that requires each student taking the program to spend not less than 10 hours per week on courses or work in that program.

  • Premium payment plan means a benefit plan whereby school em- ployees may pay their share of group health plan premiums with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 125 or other sections of the Internal Revenue Code.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Medicare Advantage plan means a plan of coverage for health benefits under Medicare Part C as defined in 42 U.S.C. 1395w-28(b)(1), and includes:

  • Fringe benefit means health insurance, a retirement benefit received under a pension plan or defined contribution plan, a paid vacation day, a paid holiday, sick leave, or any other similar employee benefit provided by an employer.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.