Payroll for NA / Time and Labor - PSFT (MOSC)

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How does Per Check Limit work in Peoplesoft for a 401K ER matched plan?

edited Mar 30, 2022 1:35PM in Payroll for NA / Time and Labor - PSFT (MOSC) 7 commentsAnswered

My company has implemented Roth & 401K plans that include a matched ER portion of 3%.

Question: Is the .01 Per Check Limit Exceeded valid?  When the match percent (3%) is calculated on the Earnings, $48.98 is the correct calculated amount. Why does it show the Not Taken = .01? I assume it may be because of rounding.

Thanks for your comments

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