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Restricting 401k Fedaral limits for Mutliple Active Assignments

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edited Mar 29, 2021 10:59PM in Payroll and Global Payroll Interface (GPI) 4 comments

Summary

Restricting 401k Fedaral limits for Mutliple Active Assignments

Content

Hello,

We have two active assignments for few employees with different job and location. For each assignment they have separate payroll relationships. If the employee worked in both assignments (Jobs), employee gets paid for both jobs. When the payroll running the 401k Deductions happening for both assignments and it’s not restricting the 401k federal limits ($19500) when calculate payroll running in the same pay period or same time for both assignments. But when we calculate the payroll individually (not at a time or not in same pay period) the federal limits working fine.

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