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Processing Retro Changes for 401k Pretax Elements

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in Payroll and Global Payroll Interface (GPI) 7 comments

Summary:

Processing Retro Changes for 401k Pretax Elements

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We have a Scenario where Client wants to change the 401k percentage by going back date for already processed Payperiods. 401k element as such doesn't have Retro element to get processed for Retro changes.

In this case how can the differential deduction amount be deducted or refund to employee.

Any inputs?

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