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US PAY: Change Processing Priories for an Individual employee at element entry level??
How do I change the process priority of elements for an individual?
Here is our scenario. An employee has opted to contribute 100% to 401K for a period of time. Its processing priority is 3600. It is classification Pre-Tax Deductions with no Benefit Classification. The tax category is Deferred Comp 401k.
They are also in the contributory pension plan. That processing priority is 3875. . It is classification Pre-Tax Deductions with Benefit Classification is Pension. The tax category is Retirement.
When payroll is run it goes through and calculates taxes, pre-tax deductions, etc. We want it to take the contributory pension amount before the 401k amount. As it is set up now it does not.