Federal requirement: We have two types of deductions for our retirement. We have a regular 401K pre-tax option and we have a 401K Roth deduction. Employees can elect one or a combination of both. I keep running into an issue when employees elect both. As you know the deferred comp limit for this year is $18,500 for 2018 but these two codes in my system do not "talk" to each other and I often end up having people over withheld.
Comments
YES!
Category: Human Resources/Payroll - Payroll
This is HUGE!!! Please, please, please add.
Category: Human Resources/Payroll - Payroll
Jodi Christiansen (administrator) on 4/15/2019 8:45:31 PM
Thank you for your suggestion. We will consider this functionality for a future release.
Best regards.
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