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

Can you have 401(k) catch up without having a stand along catch up element

Summary:

Our 401(k) plan allows employees who are over the age of 50 to take advantage of the IRS catch-up provisions which allow older employees to contribute to the 401(k) above and beyond the standard 402g limit ($23,500 for 2025). We do not want to have a stand along catch-up element. Instead, when someone who is age 50 or above reaches the limit of $23,500, we want their 401(k) deductions to continue until they reach the catch-up limits permitted by law based on their age. We are being told by our developers that Oracle HCM does not support

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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