E1: 07/08: Enhancement For Secure Act 2.0 Section 109 to Address a Higher 401K Catch Up Limit for Ages 60, 61, 62, and 63 (Doc ID 2969365.1)

Last updated on DECEMBER 10, 2024

Applies to:

Symptoms

Enhancement to manage Secure Act 2.0 Section 109.

Section 109, Higher catch-up limit to apply at age 60, 61, 62, and 63 (effective 1/1/2025)

- Update the Group Limit Code in the Employee DBA Instructions (table F06106) based on the employee's age.
- Change the Enrollment with Eligibility P08334 and Enrollment Overrides P08330 to make Group Limit Code available/editable
- Verify payroll DBA calculations are fetching the group limit code specific to Employee DBA Instructions instead of PDBA setup.

Cause

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