Health / Health Insurance / Deductible: A flat amount a group member must pay before the insurer will make any benefit payments.
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Business / Taxes / High Deductible Health Plan (HDHP): A high deductible health plan (HDHP) requires substantially higher than average out-of-pocket expenses before the insurance company will start paying for your medical expenses. However, the premiums f MORE
Business / Finance / Tax-Deductible: Any transaction that is not tax-free to the parties involved, such as a taxable acquisition. MORE
Business / Taxes / Nondiscrimination Rule: All qualified retirement plans, including 401(k) plans, must follow nondiscrimination rules. Among other things, the rules prevent highly paid employees from receiving more generous benefits than othe MORE
Business / Finance / Adjusted Gross Income (AGI): Gross income less allowable adjustments, is the income on which an individual is taxed by the federal government. MORE
Business / Taxes / Catch-Up Contribution: You are entitled to make an annual catch-up contribution to your employer sponsored retirement savings plan and individual retirement account (IRA) if you?€™re 50 or older. The catch-up amounts, w MORE
Health / Dentistry / Health Savings Account (HSA) : A reimbursement account in which the participant pays for health costs through a fully insured, tax-exempt savings account. Employees or employers or both fund the account. An HSA is subject to regula MORE