Savings Plan Deductions Roll Over When 415 Limit (Only Limit Allowing Rollover) Is Not Reached
(Doc ID 2351999.1)
Last updated on DECEMBER 20, 2022
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
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1. Calculate payroll (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).
Cause
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In this Document
Symptoms |
Cause |
Solution |