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US PAY: 401K ER Match Formula
Can any of the experts help me with this? thanks
our company match is as follows:
100% of ER match on the first 3% of EE contribution
50% of ER match on the >3 <= 5% of EE contribution.
How do I set this up in the Global values? Do I have to write my own Fast Formula for this?
Thanks for your help!
3% of the employees contribution is matched at 100% and the NEXT 2% is matched at 50% this would be your set-up.
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