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Secure 2.0 - Calculation Value deffinition for $145k FICA limits

in Payroll and Global Payroll Interface (GPI) 6 comments

Hello

Hope everyone is doing well!

We want to confirm if Oracle will be delivering the Calculation Value definition configuration for FICA Limits for Secure 2.0 Mandatory Roth Catchup. Currently the limit is $145 but this value may change every year by IRS. Generally, these kind of limit configuration is delivered by payroll year end patch and we can access under Calculation Value deffinition. Currently i could not find any row for $145k FICA limits in our POD.

Any help/pointers would be appreciated!

Thanks

Gaurav

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