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SuiteWorld 2025 registration is officially OPEN
SuiteWorld is the largest annual gathering of the NetSuite community! It will be held in Las Vegas on October 6-9, 2025. Our customers and partners look forward to SuiteWorld every year as a place to hear the latest from NetSuite, get hands-on learning, and connect with each other. Register now!
SuiteWorld is the largest annual gathering of the NetSuite community! It will be held in Las Vegas on October 6-9, 2025. Our customers and partners look forward to SuiteWorld every year as a place to hear the latest from NetSuite, get hands-on learning, and connect with each other. Register now!
Please be advised that SuiteAnswers will undergo maintenance for approximately 4 hours on Tuesday, May 13, 2025, starting at 01:30 AM Eastern Standard Time. During this time, access to SuiteAnswers to view articles and submit online cases will not be available. Please contact us by phone. For critical issue, please call 1-877-NETSUITE. (1-877-638-7848).
SuitePeople U.S. Payroll: Support 401(k) Retirement Plan for Catch-Up 60 to 63 Contributions
This notice is intended for customers who are using SuitePeople U.S. Payroll. The latest version of SuitePeople U.S. Payroll will now enable you to include higher contributions for employees aged 60 to 63 in a retirement plan.
What is Changing?
Starting April 15, 2025, you can now include the following payroll item deduction codes in a 401(k)-type retirement plan:
- 401(k) Catch-Up 60 – 63
- 401(k) Roth Catch-Up 60 – 63
This change helps you better manage your employees' retirement plans and ensure compliance with relevant regulations.
Required Actions
Starting April 15, 2025, perform the following actions to include the catch-up age 60 to 63 contributions in your existing retirement plan:
- Review your existing 401(k) retirement plan settings.
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
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