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What is the timeline that Oracle Peoplesoft will provide a solution for SECURE 2.0. Act?

edited Jun 10, 2024 3:40PM in Advanced Benefits - PSFT (MOSC) 8 commentsAnswered

Is there any update on the PeopleSoft HCM Legislative Update for United States – SECURE 2.0 Act ( Doc ID 2924423.1 ). We didn't find any update on the topic since Jun 2023. When does oracle PeopleSoft planning to deliver solution for Section 603 and section 109?

Section 603: Age 50 Catch-Up Contributions Must be Roth for Certain Participants
Section 109: Increase Age 50 Catch-Up Contribution Limit for Participants Ages 60 through 63.

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