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.
Full Definition of WORKERS' COMPENSATION. : a system of insurance that reimburses an employer for damages that must be paid to an employee for injury occurring in the course of employment âcalled also workers' comp, \-Ëkaemp\. ËkÃ¤mpsee' workers compensation defined For-english language. LEARNERS. advertisement a system of insurance that reimburses an employer for damages that must be paid to an employee for injury occurring in the course of employment âcalled also workers' comp, \-Ëkaemp\. ËkÃ¤mp see' workers compensation defined For-english language. LEARNERS. advertisement