Savings Plan Deductions Roll Over When 415 Limit (Only Limit Allowing Rollover) Is Not Reached
Last updated on JANUARY 23, 2018
Applies to:
PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]Information in this document applies to any platform.
Symptoms
Contributions to Savings Plans are rolling over to another plan prematurely. The only Limit set to allow rollovers is the 415 Limit and it has not yet been met.
STEPS
---------------------------
1. Calculate payroll (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).
Cause
Sign In with your My Oracle Support account |
|
Don't have a My Oracle Support account? Click to get started |
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms