Examples of Qualifying Expense in a sentence
A Qualifying Expense shall be deemed incurred at the time the services giving rise to the Expense are rendered.
Calculating the amount of pre-tax income involves “grossing up” the amount paid by a Parties for the Qualifying Expense, based on the average rate paid by that Party for state and federal income taxes for the year in question.
A Participant shall obtain reimbursement of a Qualifying Expense by submitting a claim on a form provided by the Plan.
The Administrator may, at its option, pay any Qualifying Expense directly to the person providing or supplying the services that gave rise to the Expense, in lieu of reimbursing the Participant.
A claim may be submitted before or after the Participant has paid a Qualifying Expense, but not before the Expense has been incurred.