BE - 401K Maximum
Requirement
For the 401K deduction, employees may only contribute $9,000 or 25% of their annual earnings, which ever is less.

401K Maximum Amount
This UserCalc is step one in determining the maximum 401K deduction for an employee by looking at actual and forecasted earnings.
Statement
Determine the maximum of the 401K deduction each employee, stored in a Statistic (401K Max).
Set up
IMVR	User Variable	
Pays this Year	Numeric	27
401K Max Prc	Numeric	25
401K Max Amt	Numeric	9000
IMUC	Variables	
Pays Remaining	Numeric	0
BW Wage	Numeric	0
Total Earnings	Numeric	0
Max Perc	Numeric	0
IPPC	Pay Components	
9014	401K Max Amt	Statistic attached to Stat 401K Max Amt
IDSC	Statistic Components	
	401K Max Amt	Replace

UserCalc

Product:	PR
Type:	Calculation



Line	CMD	OT	Operand 1	OPER	OT	Operand2	OT	Operand3	If Goto	Else GoTo
00010	LET	V	PAYS REMAINING	SUB	$C	PAYS THIS YEAR	DB	PPP.PAY_OF_YEAR	00020	
00020	LET	V	BW WAGE	WAGE	WB	BW			00030	
00030	LET	V	TOTAL EARNINGS	MLT	V	PAYS REMIANING	V	BW EARNINGS	00040	
00040	LET	V	TOTAL EARNINGS	ADD	V	TOTAL EARNINGS	EC	GROSS PAY	00050	
00050	LET	V	TOTAL EARNINGS	ADD	V	TOTAL EARNINGS	EY	GROSS PAY	00100	
00100	LET	V	MAX PERC	MLT	V	TOTAL EARNINGS	$C	401K MAX PRC	00200	
00200	IF	V	MAX PERC	LT	$C	401K MAX AMT			00300	00400
00300	LET	PC	9014	RDN	V	MAX PRC	N	.01	99999	
00400	LET	PC	9014	EQ	$C	401K MAX AMT			99999	
99999	EXIT									

Completion
After publishing this UserCalc, attach it to the Pay Point prior to the 401K Benefit being executed.
401K Maximum Deduction
This UserCalc is step two in determining the maximum 401K deduction for an employee.
Statement
Determine if the employee deduction for 401K is to be taken fully or if the 401K maximum has been reached.
Set up
IMUC 	UserCalc	
	401K Maximum Amount	
IMUC  	Variables	
Deduction   	Numeric	0
	Total Deduction Numeric	0
Message   	Char	
Max Amount  	Char	
IPPC 	Pay Components	
3015 	401k Deduction	

UserCalc
Product	BE
Type	Function
Return Value	Number


Line	CMD	OT	Operand 1	OPER	OT	Operand2	OT	Operand3	If Goto	Else GoTo
00010	LET	V	DEDUCITON	EQ	$P	NUMBER-PARAMETER			00020	
00020	LET	V	TOTAL DEDUCTION	ADD	PY	3015	V	DEDUCTION	00030	
00030	LET	V	MAX AMOUNT	CHAR	PC	9014			00100	
00100	IF	PY	3015	GE	PC	9014			00110	00200
00110	LET	V	DEDUCTION	EQ	N	0			00120	
00120	LET	V	MESSAGE	EQ	A	No 401K taken.  EE over max of 	V	MAX AMOUNT	09000	
00200	IF	V	TOTAL DEDUCTION	GT	PC	9014			00210	99999
00210	LET	V	DEDUCTION	SUB	PC	9014	PY	3015	00220	
00220	LET	V	MESSAGE	EQ	A	EE has reached 401K Max Ded of	V	MAX AMOUNT	00230	
00230	LET	V	MESSAGE	EQ	V	MESSAGE	A	.  401K Ded. Reduced - PC 3015.	09000	
09000	MSG	V	MESSAGE						99999	
99999	RET	V	DEDUCTION						99999	

Completion
After publishing this UserCalc attach it to Benefit Component 1010 - Deduction Method.
The Benefits Component does not have to be Rule 00 - UserCalc Only. Users may choose the appropriate rule and then by placing the UserCalc in the UserCalc field it will be executed.