Reimbursement Plan

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Dictionary Says

Definition of 'Reimbursement Plan'

A generic term for several types of plans that reimburse employees for various types of work-related expenses. These expenses can include medical, auto, travel, meal and entertainment costs. Reimbursement plans are instituted by employers in order to allow them to pay for a more accurate amount of employee expenses incurred instead of having to provide a broad allowance or increase in compensation to cover them.

Investopedia Says

Investopedia explains 'Reimbursement Plan'

Reimbursement plans can take many forms, such as accountable and nonaccountable plans, de minimis fringe benefits, or automobile mileage and travel allowances. Employees cannot take personal deductions of any kind for expenses that are covered under a reimbursement plan. Employees must submit adequately detailed records of expenses via logs or receipts in order for employers to be able to deduct the reimbursements. 
Search results for

'Reimbursement Plan'

  • How To Ask Your Employer To Fund Your Education

    http://www.investopedia.com/articles/professionaleducation/11/convincing-work-fund-education.asp
    ... before making a claim. The most common form of assistance is a tuition
    reimbursement plan. For example Starbucks offers qualified ...

  • Tuition Reimbursement - An Employment Perk

    http://www.investopedia.com/articles/pf/08/tuition-reimbursement.asp
    ... You Head Back To Business School?) Conclusion If you are committed to higher education
    but your employer doesn't offer a tuition reimbursement plan and your ...

  • New Baby, New Tax Break - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0110/New-Baby-New-Tax-Break.aspx
    ... $43,279. Source: Turbo Tax. An Alternative: Child Care Reimbursement Account Your
    employer may offer a child care reimbursement account through a Flex Plan. ...

  • Tuition Insurance Takes Sting Out Of Withdrawal

    http://www.investopedia.com/articles/pf/08/tuition-insurance.asp
    ... Some secondary and elementary schools may not offer this type of reimbursement option. ...
    It may not make sense to participate in the plan if the student is ...

  • Healthcare FSAs Increase Your Personal Savings

    http://www.investopedia.com/articles/pf/08/flexible-spending-account.asp
    ... You can receive the maximum amount of reimbursement (the amount you have elected
    to ... have not been paid or reimbursed under any other health plan coverage. ...

  • Benefits Of A Dependent Care Flexible Spending Account

    http://www.investopedia.com/articles/pf/09/dependent-care-fsa.asp
    ... dependent care FSAs, you pay expenses out-of-pocket, then receive reimbursement
    based on ... into the account for qualified expenses by the end of the plan year or ...

  • Benefit Issues When Your Employer Goes Bankrupt

    http://www.investopedia.com/articles/insurance/09/employee-benefit-bankruptcy.asp
    ... on any outstanding insurance claims that you have submitted for payment and
    reimbursement. ... companies will allow you to convert from a canceled group plan to ...

  • 10 Sources Of Nontaxable Income

    http://www.investopedia.com/articles/tax/10/nontaxable-invome-sources.asp
    ... that "generally, the value of accident or health plan coverage provided ... reimbursements
    for medical care provided through a health reimbursement arrangement (HRA ...

  • Dendreon's Bull Story In Intensive Care

    http://stocks.investopedia.com/stock-analysis/2011/Dendreons-Bull-Story-In-Intensive-Care-DNDN-JNJ-SGEN-HGSI-AMGN-BIIB0809.aspx
    ... worrying still was the revelation that sequential growth momentum was well below
    plan, and management ... For starters, reimbursement seems to be a sticking point. ...

  • Selecting The Right Mix Of Insurance Benefits

    http://www.investopedia.com/articles/pf/09/employee-benefits.asp
    ... employee seeking an advanced degree applies for tuition assistance or reimbursement,
    the choice ... could use the excess money to invest in a retirement plan for a ...

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