401K Super Catchup for Age 60 to 63

Summary:

IRS provides the 401K Super Catchup for Age 60 to 63 to have additional amount in 2025. Is there any Functional Configuration/Development needed to incorporate this feature or does the Oracle Legislative Update already provided this?

Content (please ensure you mask any confidential information):

As per IRS, 2025 401(k) contribution limits by age:

Age in 2025	Standard Contribution Limit	Catch-Up Limit	Total Employee Contribution
Under 50	$23,500	Not applicable	$23,500
50–59 or 64+	$23,500	$7,500	$31,000
60–63	$23,500	$11,250 (Super Catch-up)	$34,750

Version (include the version you are using, if applicable):

25C

Code Snippet (add any code snippets that support your topic, if applicable):