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Re: Combined Employer Contribution Limits of 401k and Roth Plans.

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Hi Nalini,

 

There can be a way out using custom PCRs incorporated inside the benefits processing sub-schema ( UDD0 / ur client's custom copied from UDD0).

 

The base of calculation is generally /102 ( 401K ) and /115 ( bonus ).

 

The limit amount can be calculated with the required % and stored in a custom W/T ( say 9XXX) in var table.

 

In the next PCR you can set up a test condition that will enquire if the combined amount of the ER match is greater than 9XXX.

 

Then based on that condition you can decide whether to send 9XXX ( when combined ER % exceeds limit ) to RT or the individual ER contributions ( when combined ER % doesn't exceed limit ) to RT.

 

Regards

JP


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