Savings Plan Deduction Limits Met Prematurely, Reason not Taken (D) or (M)
(Doc ID 644545.1)
Last updated on JUNE 13, 2022
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 8.8 SP1 and later
Information in this document applies to any platform.
1. Reason not taken = D
401k Deductions Not Taken; Erroneous 402g Limit Exceeded Message
401k deductions are not taken and appear with REASON_NOT_TAKEN = D on the paycheck. None of the affected employees have exceeded their limits; some would not have reached their limit on this check but the deductions were stopped .
Thet 402g limits were being limited prematurely and for a seemingly random amount.
2. Reason not taken = M
When running payroll the 403B deduction was not taken on a severance payment (SEV) due to maximum (M).
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