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Clarifying seeded tax categories for pre-tax deductions
I'm learning more about payroll taxes and how they work in EBS. I was wondering if someone, preferably from Oracle, could clarify a couple of Tax Category questions related to Pre-Tax Deductions in EBS Payroll.
1) Are these the seeded Tax Categories for pre-tax deductions?
- Deferred Comp 401k
- State Retirement (Defined Benefit Plan)
- Deferred Comp 401k Catch-Up
- State Retirement (Defined Contribution Plan)
- Def Comp Taxable by JD 401k
- Deferred Comp 403b
- Deferred Comp 403b Catch-Up
- Def Comp Taxable by JD 403b
- Deferred Comp 457
- Deferred Comp 457 Catch-Up
- Def Comp Taxable by JD 457
- Health Care 125
- Dependent Care 125
2) Does Oracle along with Vertex maintain all the Tax Withholding settings for the seeded tax categories via patches and Vertex monthly updates?