New Roth 401K Rules Allow At Catchup, System does not create an after tax catchup (Doc ID 336242.1)

Last updated on MAY 11, 2022

Applies to:

Oracle HRMS (US) - Version 12.1 HRMS RUP11 and later
Information in this document applies to any platform.
FORM:PAYSUDDE.FMB - F4 Define Deduction

Goal

Based upon the new 401k rules come into effect as of January, 1 2006, an aftertax catchup is allowed. The system does not create an After Tax (AT) Catchup element and does not have a category for this.

How to define and setup the After Tax for the new 40lk rules related to Roth.

Solution

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In this Document

Goal

Solution

References

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New Roth 401K Rules Allow At Catchup, System does not create an after tax catchup (Doc ID 336242.1)

Applies to:

Goal

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!