401K And 401K AT Is Not Stopping At Combined Limit Of $61000
(Doc ID 2019713.1)
Last updated on JUNE 19, 2019
Applies to:
Oracle HRMS (US) - Version 12.1 HRMS RUP7 and laterInformation in this document applies to any platform.
Symptoms
On : 12.1 HRMS RUP7 version, Pension/PreTax Processing
ACTUAL BEHAVIOR
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The 401K Deferred Comp Pretax and After Tax (AT) deductions are being used. The AT deduction is stopping before the limits are met. The pretax 401 and catchup are working correctly and are stopping at the annual limits
EXPECTED BEHAVIOR
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401K deferred comp pretax and after tax should not stop the deductions until the 61000.00 in total deduction limits are met
STEPS
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The issue can be reproduced at will with the following steps:
1. Process the pretax and catchup 401K deductions until the 2018 limits are met
2. See the AT 401K deduction starts correctly
3. The AT 401K deduction is stopping before the 61000.00 in total deductions is met
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |