Savings Contributions Are Prematurely Stopped with Reason 402(g) Limit Exceeded
(Doc ID 2739347.1)
Last updated on DECEMBER 23, 2020
Applies to:
PeopleSoft Enterprise HCM Human Resources - Version 9.2 and laterInformation in this document applies to any platform.
Symptoms
After an employee changes from one 401K Plan to another, no further deductions are taken with Reason Not Taken of 402(g) Limit Exceeded.
Steps to reproduce the issue:
1. Employee's enrollment is changed from one 401K Plan to another (Navigation: Benefits > Enroll in Benefits > Savings Plans).
2. Calculate a payroll check (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).
Cause
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In this Document
Symptoms |
Cause |
Solution |