Get Started with Redwood for Oracle Cloud HCM Begin Now
To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Anyone have ROTH IRA deduction setup in Payroll
Summary:
The system seems to support Roth 401k but not Payroll Deduction Roth IRA. When we went live, our consultant inaccurately setup our ROTH IRA element with a secondary classification for ROTH 401k which by default defines different limits based on IRS, and now we need to fix it. However, based on an SR that I have open with Oracle Support, Oracle does not natively support ROTH IRA, but does support Roth 401k.
Has anyone setup a Payroll Deduction ROTH IRA element? If so, how did you define the limits, any custom formulas (Skip Rules, or otherwise) that you used?
0