In conclusion, if both spouses are going to select a HDHP through their employers and are HSA-eligible, then they should probably each open their own HSA, figure out their collective contribution limit, and decide how they will split that limit between the two accounts to avoid over-contributing.
Compensation is the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required.Essentially, it's a combination of your pay, vacation, bonuses, health insurance, and any other perk you may receive, such as free lunches and parking.ompensation is the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required.
Current liabilities are those due within the present accounting year, such as accounts payable, customer advances, taxes payable and the payments due that year on a long-term loan. RELATED TERMS.