Employer Limits on Non-Matching contributions - help?
PeopleSoft 9.2
I'm sure I'm overthinking this, but I keep getting confused. We're adding an after-tax Roth plan in addition to the traditional pre-tax 401k. In setting up the section of Plan Attributes on matching contributions, I can't seem to figure out where to put the percentage value.
Plan requirements: Employer will match 5% of earnings worth of contributions up to $16k. All ER Match dollars will be pre-tax regardless of whether the employee contributions come from pre-tax 401k or the Roth.
Q1: Does the Deduction Code setup for the Roth need a Non-Taxable Before Tax row if the matching $ will be pre-tax?