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
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.
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