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Combined Deferred Comp 401K ER And Roth ER Matching Not Stopping At Limits

in Payroll and Global Payroll Interface (GPI) 2 comments

Summary: We have configured 401k Employer Match and 401k Roth Employer Match to 2% limit. When both the elements are processing the combined limit Not Stopping At Limits. The combined limit should stop at 3050 (6100/2) each but its exceeding the limit.

We have annual limit set at 305000. We have set limit as 2% i.e 6100.

Content (required): We have configured 401k Employer Match and 401k Roth Employer Match to 2% limit. When both the elements are processing the combined limit Not Stopping At Limits. The combined limit should stop at 3050 (6100/2) each but its exceeding the limit.

We have annual limit set at 305000. We have set limit as 2% i.e 6100.

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