Learn about the new Oracle AI Agent Studio for Fusion Applications: Watch Now
Progress with Redwood: Redwood Resources for Oracle Cloud HCM - Go Here
Progress with Redwood: Redwood Resources for Oracle Cloud HCM - Go Here
401(a) supplemental retirement benefit stopped deducting on employee paycheck
Summary
401a employee benefit stopped being deducting (which should not have happened) and we are not sure whyContent
An employee contributes $1,800 towards a 401a supplemental retirement account every pay period. A couple pay periods ago, this contribution inadvertently was $484.11 and subsequently no deductions were made. In looking at Oracle we are not sure why this happened. We have a cap on the benefit element of $56,000 annually which the employee is not close to reaching. We are trying to see if there may be a limit set on the payroll element but are not sure where to find that. Any clues as to why this amount turned off and if there is a way to manually
Tagged:
0