This page (revision-42) was last changed on 26-Nov-2021 10:22 by mmcfarland

This page was created on 26-Nov-2021 10:22 by jmyers

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Version Date Modified Size Author Changes ... Change note
42 26-Nov-2021 10:22 17 KB mmcfarland to previous
41 26-Nov-2021 10:22 17 KB mmcfarland to previous | to last

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US Federal Tax Calculation
US Federal Tax Calculation

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At line 31 changed 3 lines
*indicates to Symmetry if the employee is enrolled in a 401k Catch up plan
*the annual regular 401k contribution limit is defined by the IRS, e.g. $16,500. if the user is enrolled in 401k plan with annual contribution limit greater than this regular limit, this parameter allows the 401k maximum contribution to exceed the IRS limit for Benefit Pre-tax calculation
*'DEFAULT'-Catch Up is not allowed, 'YES'-Catch Up is allowed, 'NO'-Catch Up is not allowed.
*Indicates to Symmetry if the employee is enrolled in a 401k Catch Up plan
*The annual regular 401k contribution limit is defined by the IRS (e.g. $16,500). If an employee is enrolled in a 401k plan with annual contribution limit greater than this regular limit, this parameter will allow the 401k maximum contribution to exceed the IRS limit for Benefit Pre-tax calculation.
*The 'DEFAULT'-Catch Up is not allowed, 'YES'-Catch Up is allowed, 'NO'-Catch Up is not allowed.
This page (revision-42) was last changed on 26-Nov-2021 10:22 by mmcfarlandTop