Interest credits are wrong.
The IBM HRAs interest credits are calculated for the year as the average of the one year treasury bill for Sept-Dec plus 1%. For 2022 that was 1.17%. Now that interest rates have soared the new calculation brings it to 5.1%. Yet IBM continues to credit the HRA accounts at the old rate. Again , either trying to pull a fast one or complete incompetence.
Biting the hand that feeds IT
