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

Last updated on JULY 30, 2015

Applies to:

Oracle HRMS (US) - Version 11.5.10.2 and later
Information in this document applies to any platform.
FORM:PAYSUDDE.FMB - F4 Define Deduction


***Checked for relevance on 30-JUL-2015***

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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