Word: offsets
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Dates: during 2000-2009
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...employers cannot return money to individuals who fail to exhaust their accounts, lest fsas start to look like tax shelters. But companies can give the money back pro rata to everyone in the plan. Almost none do, choosing instead to offset plan administrative costs--an outrage that Congress finally noticed last year...
...employers cannot return money to individuals who fail to exhaust their accounts, lest FSAS start to look like tax shelters. But companies can give the money back pro rata to everyone in the plan. Almost none do, choosing instead to offset plan administrative costs - an outrage that Congress finally noticed last year...
...January, Textron will expand the benefit to most of its 51,000 employees. Coors and 3M will start a similar program. "This is the future of health care," says FlexBen's Wilson, who predicts most large companies will set up HRAS in the next few years. The downside: to offset the costs of hras, companies will impose significantly higher monthly premiums and deductibles...
Since late 1999, Georgia-based Eternal Reefs Inc. has mixed some 200 marine enthusiasts' ashes with environmentally safe concrete to create "reef balls." The use of fossil fuels during cremation is somewhat offset by what the balls give back: they are lowered into the ocean to help rehabilitate damaged reefs. Within a year, corals form...
Harvard’s endowment, based on figures released in an annual report by the Harvard Management Company last week, saw a 0.5 percent decline in investment returns during FY02. That loss, in addition to $750 million in spending offset by $100 million in gifts, caused the endowment to fall from $18.3 billion in FY01 to $17.5 billion in FY02...