401K or Roth 401K Is Stopping When Eligible Compensation Reaches $265,000 Annual Compensation Limit
Last updated on NOVEMBER 02, 2016
Applies to:Oracle HRMS (US) - Version 11.5.10 to 12.1.3 [Release 11.5 to 12.1]
Information in this document applies to any platform.
FORM:PAYWSMEE.FMB - Element Entry
Employee 401k contribution stopped once the US_ELIGIBLE_COMP_ANNUAL_LIMIT reaches $265,000, but the YTD contribution has not reached the $18,000 annual limit for employee contributions.
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