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Roth 401K Element Naming

in Payroll and Global Payroll Interface (GPI) 5 comments

Summary:

We are adding a Roth option in our 401K plan. Our existing Element is Plan 401 - 401K. And we want our new Element to be Plan 401 - 401K Roth. But Oracle keeps automatically adding Roth at the end, so it ends up being Plan 401 - 401K Roth Roth. And when we try to just do Plan 401 - 401K, it says we are creating a duplicate. Any ideas how not to end up with two 'Roths' in our Element Name?


I asked Oracle support. And they sent me here.


Content (required):

We are adding a Roth option in our 401K plan. Our existing Element is Plan 401 - 401K. And we want our new Element to be Plan 401 - 401K Roth. But Oracle keeps automatically adding Roth at the end, so it ends up being Plan 401 - 401K Roth Roth. And when we try to just do Plan 401 - 401K, it says we are creating a duplicate. Any ideas how not to end up with two 'Roths' in our Element Name?

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