The Savings Plan 457 Limit is not being enforced for One-Time Deduction Data Override for After Tax Deduction.
(Doc ID 2215222.1)
Last updated on SEPTEMBER 05, 2023
Applies to:
PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 and laterInformation in this document applies to any platform.
Symptoms
The Savings Plan 457 Limit is not being enforced for One-Time Deduction Data Override for After Tax Deduction.
Replication Steps
=================
1. Enroll employee into a 457 limited savings plan
2. Run the Identify Age 50 process for 457 to insert a savings management row
3. Have employee's balance near the 457 limit amount plus extension amount
4. Enter an after tax one time deduction override for the 457 savings plan using Percent of Net Pay option which will have the employee exceed the 457 limit.
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |