Is it possible to have a coverage upper limit based on the quarter the employee enrolls in for HSA?
Summary:
In case the employee has a new hire/ qualifying life event where dependents can be added or removed, the enrollment/change in tiers should calculate the upper limit based how much they have already contributed and the quarter in which the life event occurs, since the employer rates differ for each quarter. Below is the calculation that needs to be done -
HSA Employer Contribution Chart
Tier
|
2025 Annual Max
|
Q1
|
Q2
|
Q3
|
Q4
|
|---|---|---|---|---|---|
EE
|
$4,300
|
$500
|
$375
|
$250
|
$175
|
EE +1
|
$8,550
|
$1,000
|
$750
|
$500
|
$250
|
Coverage Upper Limit = Tier Annual Max - Quarter wise Employer Contribution
Q1: 4300 - 500 = 3800
Q2: 4300 - 375 = 3925
Q3: 4300 - 250 = 4050
Q4: 4300 - 175 = 4125
Is there a way this can be configured or achieved?