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401k DBA Change in Annual Limits

edited Jul 26, 2018 11:24PM in HCM - JDE1 (MOSC) 4 commentsAnswered ✓

Hello Community Members,

I have a question on whether 401k Deduction DBAs should change after Annual Limits 1 & 2 are changed yearly? The DBAs have Beginning Effective Date and Ending Effective Date, hence should the DBAs be newly created when the Annual Limits are changed or the Annual Limits 1 & 2 be updated and new Effective Dates be updated for the same DBAs.

Please let me know. Thanks in anticipation.

Best Regards,

GG

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