Advanced Benefits - PSFT (MOSC)

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457(b) allows for percentage and flat amount contribution is this a problem?

edited Mar 30, 2022 1:40PM in Advanced Benefits - PSFT (MOSC) 2 commentsAnswered ✓

PS HCM 9.2 - Automated Benefits and Payroll for North America

Currently, the 457(b) plan is set up as two benefit plans: one for percentage contributions and the other for flat amount contributions. Is there any reason we could not consolidate the plans? Is there any reason we could not allow employees to contribute a flat amount or a percentage of pay in the same benefit plan?

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