Ultimately, the employee must make sure that the amount contributed to the HSA is within federal guidelines. However, employers should have ways to prevent employees from deducting more than the maximum HSA contribution amount during the plan year. The custodian (TASC) cannot accept more than the family HSA limit plus the catch-up contribution over the course of the plan year. If an agency contribution unintentionally bumps an employee’s HAS contribution over the maximum allowable amount, the agency must consult with its legal and tax advisors for advice.
Who monitors the HSA limits? Will the IRS hold the agency responsible for employee maximum annual contribution limits?
