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US PAY 2012 Comp Limit Change from 245,000 to 250,000 where is this delivered?

edited Jan 10, 2012 2:27AM in Payroll and OTL - EBS (MOSC) 4 commentsAnswered

Posted question from email/customer

We have applied YE Phase 2 and December vertex but we are seeing the 2012 comp limit as 245,000. According the IRS site it increased to
250,000 for 2012.

Did we miss a step somewhere? I'm looking at thepay_us_federal_tax_info_f tab; this limit is also impacting our match.

(The annual contribution limit shows as 17,000 which is correct.)



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