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Reason Not Taken "M" Maximum Deduction Met is Issued For 401K Savings Plan Deductions That Are Not Taken For Checks Using Gross-Up (Doc ID 2538271.1)

Last updated on JULY 02, 2024

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

With the Savings Plan table configuration for the Total Investment = 15%, before and after tax both at 15% and with no employer match, when a Gross-Up check is issued, the savings plan deductions are limited with reason Maximum Deduction Met even though the deductions do not exceed the 15% of earnings.

ERROR
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Deduction Not Taken Reason is M  Limit is met.


STEPS
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The issue can be reproduced at will with the following steps:

1. Savings Plan Table configuration of the Total Investment = 15%, and before and after tax are both 15% and no employer match.  Navigation:  Setup HCM > Product Related > BaseBenefits > Plan Attributes > Savings Plans
2. Enroll employee with 7% before and 5% after tax contributions.  Navigation:  Benefits >  Enroll In Benefits > Savings Plans
3. Create paysheets for the next pay period.  Navigation:  Payroll for North America > Payroll Processing > Create and Load Paysheets > Create Paysheets
4. Update the Paysheets to only pay a bonus amount of $500 and check Gross-Up.  Navigation:  Payroll for North America > Payroll Processing > Update Paysheets > By Payline
5. Calculate the Pay Period. Payroll for North America > Payroll Processing > Produce Payroll > Calculate Payroll
6. Review Paycheck Deductions to see the limit was imposed unexpectedly.  Navigation:  Payroll for North America > Payroll Processing >  Produce Payroll >  Review Paycheck > Paycheck Deductions Tab

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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