Savings Plan Deductions Not Taken Due to 415 Limit Exceeded on Bonus Check
(Doc ID 2384702.1)
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
The deduction for the 401K Bonus plan is not being taken with a reason of 415 Limit Exceeded, but the $55,000 Limit is not being reached.
STEPS
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1. Calculate payroll (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |