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Need 401k, 403b, 457, Social Security, Cost Of Living Adjustments (COLA), etc... Limits For the New Year (Doc ID 1376884.1)

Last updated on DECEMBER 06, 2016

Applies to:

Oracle HRMS (US) - Version 11.5.10.2 and later
Information in this document applies to any platform.
401k, 401(k)
403b, 403(b)
457
SS Limit


Goal

How and when will the Deferred Compensation Limits for 20XX be delivered?  Where do these Pension Plan limits come from?

How and when will the Cost of Living Adjustments (COLA) Limits for 20XX be delivered?

The IRS changed 401k and Social Security Limits for 20XX.  How and when will the Social Security Limits for 20XX be delivered?

Is it necessary to manually update 401K elements or is there an Oracle patch which will update 401K limits automatically?

How do I verify how Oracle delivers these limits?

Solution

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In this Document
Goal
Solution
References

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