Compensation and Benefits - EBS (MOSC)

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Secure 2.0 Section 109 - 457 Catchup EBS 12.2

edited Nov 8, 2024 2:53PM in Compensation and Benefits - EBS (MOSC) 3 commentsAnswered

Hi all. Working through the configuration and testing the of the new elements for Secure 2.0 457, section 109. I have an employee under age 60, with wages less than 145,000. When testing in 2025 the 457 deduction, Base = $23,000. Pretax catchup = $7,000, but then the other $500 rolls to Roth Catchup. WHY? I am expecting the full 7500 to go to Pretax.

I have also set the US Pre-tax catchup eligibility to YES

TIA - Carrie

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