Deferred Compensation 457 Deduction Stops Before Reaching IRS Maximum
Last updated on MARCH 08, 2017
Applies to:Oracle HRMS (US) - Version 11.5.10 to 126.96.36.199 [Release 11.5]
Oracle HRMS (US) - Version 12.1.1 and later
Information in this document applies to any platform.
EXECUTABLE:PYUGEN - Generic Payroll Execution Process
***Checked for relevance on 13-DEC-2010***
Deferred Comp 457 Catch-up deduction stops at 4,000.00 for a retirement catch-up:
Def Comp 16,500.00
Def Comp Catchup 4,000.00
Catchup should stop at 16,500.00 to make a total of 33,000.00 for Deferred Comp 457.
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