Fusion Global Payroll: 401K Employee Deduction Stopped After 401K Compensation Limit Was Met

(Doc ID 2302430.1)

Last updated on OCTOBER 17, 2017

Applies to:

Oracle Fusion Global Payroll Cloud Service - Version 11.1.11.1.0 and later
Information in this document applies to any platform.

Goal

When highly compensated employees reach the 265 Year to Date (YTD) earnings limit, 401K Regular and 401K Catch Up stop processing. Is there a way to continue calculating until the 401K annual limits has been reached?

Solution

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