403b catchup custom way to not start until the next pay period after reaching IRS limits
in Benefits
Summary:
Does anyone have a custom fast formula or a skip rule that could be set up on a calculation card 403b setup so that if someone has 35.5 percentage coming out of their check, the system will stop at the $23,500 limit and then the next paycheck it will take out 35.5 in the catchup.
We are aware the system is designed to just take both sequential and to start within the same pay period.
We have some unhappy employees and trying to figure out if there is a Fast Formula or something else we could add if possible.
Content (please ensure you mask any confidential information):
0