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Can a person have more than one Health Savings Account assuming they are eligible as long as their total contributions don't exceed the annual contribution limit?
Wiki User
∙ 16y ago
Yes, you can have more than one HSA but must limit your total contributions to the limit set by the IRS. ( See IRS publication 969. page 5)
Wiki User
∙ 16y ago
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What is the percentage of gratuity deduction in India?
The PF contribution is 12% of Basic salary from both employee and employer. For the calculation the maximum limit of Basic is Rs 6500/-. It means even if the employee's basic salary is above Rs 6500/- the employer is liable to contribute only on Rs 6500/-, that is Rs 780. However if an employee so desires he may voluntarily contribute more than 12%. Apart from it an employer also has to pay some administration charges. I explain you the various accounts of PF challan. A/c No 1: PF contribution Account A/c No 2: PF Admin account A/c No 10: EPS account A/c No 21: EDLIS account A/c No 22: EDLIS admin account PF admin charge = Employer has to pay 1.1 % of basic EDLIS: Employer has to pay 0.5% of basic EDLIS admin charge:Employer has to pay 0.01% of basic Total additional percentage employer has to pay: 1.61% of basic So employer has actually to pay 13.61 % of Basic and employee has to pay only 12% of basic. Employees complete 12% goes to PF account while employer contributions' 8.33% goes to Pension fund and 3.67% goes to PF fund.
Procedures for export of medicines from India?
Following steps to be followed for export of medicine. 1. Register a company. 2. Open a current account. 3. Apply for IE code. 4. Become a member in Pharmaceuticals export promotion council. Now you are eligible for export of medicines from India
Can you add an iphone line to your unlimited data plan on ATT?
The iPhone data plan is a requirement and this plan is $15.00/month for the DataPlus 200MB for iPhone or $25.00/month for the DataPro 2GB for iPhone, in addition to your voice plan and other features that you may choose. AT&T frequently runs a sweep of all of its accounts and if it finds an account with an iPhone and the iPhone data plan is not on the account they are adding it, no questions asked. Here is what AT&T says on their web site ... Please note: Data plan for iPhone is required for the life of your iPhone service and cannot be removed in the future. Data Plan for iPhone includes unlimited data in the U.S. Access rich HTML email and desktop-level web browsing, as well as Visual Voicemail to listen to voicemail messages in any order you choose. Please note: AT&T is Apple's exclusive carrier partner for iPhone in the United States. An eligible data plan for iPhone is required. This data plan covers data usage in the United States and does not cover international data usage and charges. If AT&T determines that you are using an iPhone on your account without an eligible data plan, AT&T reserves the right to add an eligible data plan to your account and bill you the appropriate monthly fee.
Do you need a password to go online on PS3?
Like almost everything to do with the computer accounts you create a password when you create your account. So yes you need the password you choose and if you forgot it they will mail it to the email address you choose when you created the account.
Where can you watch immoral tales free online?
Fakku is a site where you can watch the anime series Immoral Sisters. All the episodes are available with English subtitles and it comes with a forum where you can reviews and contributions from other anime followers.
If you answer a question on WikiAnswers then get an account does it save that answer to your account?
If you answer a question and then get an account, it will not count that answer as a contribution on your account. You must be signed into your account to get contributions - contributions are not given by IP address.
What journal entry for provident fund?
To record employee contributions to the provident fund: Debit Provident Fund Expense and Credit Employee Contribution Payable. To record employer contributions: Debit Provident Fund Expense and Credit Employer Contribution Payable.
Is the contribution limit for an IRA or Roth account 5000 for the year per customer OR per customer account?
The $5,000 annual IRA contribution limit is per customer. You maximum contribution amount is determined by adding contributions to all of your IRA accounts (both traditional and Roth).
Does a HSA account have to be under a cafeteria plan to be tax exempt?
No it does not. If you make a contribution to an HSA account (assuming you have a qualified plan) that contribution is tax deductible from federal and most states taxes. Obviously you need to understand the max contributions and other limitations. However you de need to be careful if you have both a cafateria plan and an HSA as there are very specific rules about the use of two tax exempt plans at the same time.
What happens to somebody's Answers account after they die?
Assuming no-one else closes the account - it simply lies dormant. All contributions made by the person remain in the archives.
Why are you not eligible to make an account on runescape?
You are not eligible to make an account if you are under 13 or are banned.
Does a HSA have to be under a cafeteria plan to be tax exempt?
No it does not. If you make a contribution to an HSA account (assuming you have a qualified plan) that contribution is tax deductible from federal and most states taxes. Obviously you need to understand the max contributions and other limitations. However you de need to be careful if you have both a cafateria plan and an HSA as there are very specific rules about the use of two tax exempt plans at the same time.
Can you give you a sentence for contribution?
What is your contribution to the savings account? His contribution to the team is essential.
Who is eligible to participate in an Health Reimbursement Account?
W-2 Employees are eligible to participate in a health reimbursement account
What is a saver's credit when filing taxes?
The saver's credit is officially called The Credit for Qualified Retirement Savings Contributions. It is a federal tax credit for low and moderate income people who make a contribution to a retirement account such as an IRA, 401k, 403b, etc. Fill out Form 8880 to see if you are eligible: http://www.irs.gov/pub/irs-pdf/f8880.pdf
Defined Contribution Plan?
Employee and/or employer contribute money to an individual retirement account. The employee is responsible for choosing how these contributions are invested and how much to contribute form their paycheck through pretax deductions.
What is the eligible age to have a runescape account?
13
