You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register
Get Started: AI Resources for Oracle Cloud HCM – Go Here

Progress with Redwood: Redwood Resources for Oracle Cloud HCM -  Go Here

Anyone have a Payroll Deduction ROTH IRA element setup in Oracle?

in Benefits 2 comments

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?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!