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15 Year Catch Up
Summary
How do you set 15 year catch up limitContent
Our organization offers a 15 year catch up retirement plan. If an employee meets certain criteria, this element would allow them to contribute an additional $3000 catch up in addition to the normal $6000 limit. Our employee has hit the $6000 limit and the element is not allowing the employee to exceed this even on the 15 year limit. I am assuming it is considering both to be a catch up contribution and stopping either from going to $6000 when combined. I have set up a new "Calculation Value Definition" for the catch up limit, but we have been unable
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