401K and 401K Catchup Not Deducted And The Limits Have Not Been Reached
Last updated on NOVEMBER 03, 2015
Applies to:Oracle HRMS (US) - Version 18.104.22.168 to 22.214.171.124 [Release 11.5]
Information in this document applies to any platform.
FORM:PAYWSDBT.FMB - Define Balance
Find that 2 employees did not get 401K or 401K Catchup deducted from their paycheck with a payroll message about US_Eligible_Comp_Annual_Limit has been reached. But the employees had not hit the $255,000 yearly limit in eligible comp wages.
Steps To Reproduce:
The issue can be reproduced at will with the following steps:
- People > Enter and Maintain > pull up employee > assignment > elements > 401k related elements.
- Ran the payroll and no 401k was being deducted even thought the limits had not been hit and the gross pay was only 131k.
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