Savings Plan Deductions Not Taken Due to 415 Limit for Group of Employees Recently Moved to Payroll for North America Mid-Year
(Doc ID 3063528.1)
Last updated on DECEMBER 13, 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
The 403(b) deduction for some employees are not being taken due to the 415 limit being reached when it should not be for a group of employees that were converted to PeopleSoft Payroll for North America from another payroll system mid-year.
Steps to reproduce the issue:
1. Run a payroll calculation (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).
2. Review the paychecks to see that deductions have not been taken for some employees with reason (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 |