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401K catchup not processing for employees over age of 50

Received Response
edited Jun 14, 2023 3:37PM in Payroll and Global Payroll Interface (GPI) 3 comments


For employees over the age of 50, the401k Catchup element only processes in the pay period where an employee reaches the base limit for 401k, and then does not continue to process up to the $7500 catchup limit. 

Content (required):

For the employees over the age of 50, the 401K catchup element is only processing the base limit of $22,500 and not processing the $7500 catchup limit. Requesting a direction to achieve this.

Version (include the version you are using, if applicable):

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