Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
SuitePeople U.S. Payroll Updates for Secure Act 2.0
This notice applies to customers who use SuitePeople U.S. Payroll.
A planned update to SuitePeople U.S. Payroll has been rescheduled. Starting January 1, 2026, participants that meet the following criteria are only permitted to make catch-up contributions on a Roth basis:
- Employees who are age 50 or older in the current calendar year
- Have more than $145,000 in 2025 Social Security wages (Box 3, W-2)
In accordance with Section 603 of the Secure Act, this change applies to the 401(k), 403(b), and 457(b) plan types.
What’s Changing?
An update to SuitePeople U.S. Payroll that was originally targeted for February 24, 2026, has been rescheduled to
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
Expand your NetSuite knowledge by joining this month's Ask A Guru Live about Advanced Accounting. RSVP Now
0