401K or Roth 401K Is Stopping When Eligible Compensation Reaches $265,000 Annual Compensation Limit
(Doc ID 375849.1)
Last updated on FEBRUARY 14, 2019
Applies to:Oracle HRMS (US) - Version 12.1 HRMS RUP10 and later
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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