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Savings Plan Contributions Being Limited by 415 Savings Plan Limit Incorrectly (Doc ID 2996158.1)

Last updated on JANUARY 05, 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

Employee's Savings Plan deductions are stopping with reason 415(c) Limit Exceeded before the 415(c) Limit is met.

Steps to reproduce the issue:

     1. Calculate the payroll (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).
     2. Check the deductions on the paycheck for an employee who should not yet have reached the 415(c) Limit to see that deductions are being stopped (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Review Paycheck).

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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