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How to limit system to deduct correct value for HSA ER contribution

in Benefits 6 comments

Hello Team,

For the HSA Employee-only option, the employer contribution limit is $750. The bi-weekly contribution should be $28.84, but the system is rounding it to $28.85. When multiplied by 26 pay periods, the total comes to $750.10. How can we instruct the system not to deduct the extra 10 cents from the employee? Is there a setup at the element level, or is a Rate Periodization Fast Formula required?

Similarly, for the Employee + Dependent option, the employer contribution limit is $1,500. The bi-weekly contribution should be $57.69. When multiplied by 26 pay periods, the total comes to $1,499.94. How can we calculate it to exactly $1,500?

Thanks in Advance,

Regards,

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