Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
November Vertex update
The readme from the Vertex update for November indicates several changes to federal items.
457
- Increased
the limit for elective deferral to 457 plans from $18,000.00 to $18,500.00.
We have applied the update for November but we are not seeing an increase to the new max 18500.00.
Is there something in Oracle we need to do to make this increase effective?
We are currently on 4.2.
Has anyone else seen this as an issue?
As always, thanks for any input.