We have a 403B plan set up with a linked Roth rollover deduction. Both deductions are created upon enrollment. We had an employee terminate last week and the stop on BN32 only stopped the 403B pretax deduction and left the Roth rollover deduction open. When payroll processed a deduction was taken on the rollover deduction.…
Hello! Would anyone be able to provide me with assistance on how you set up your 401k Roth Post Tax plan Employer pre-tax match? Also, I need for my 401k Pre-Tax Employer Match to look at both the 401k pre-tax and roth post tax plans. I was able to get 401k Roth plan set up- but the pre-tax Employer match is not coming…
Hi all, I'm wondering if anyone has had this issue before. We have a few Defined Contribution/Defined Benefit plans with a benefit plan start date that isn't the first of the year. This is because the plan became available to employees midway through the year. HRT seems to be making the assumption in some areas that the…
As U.S. employers prepare for new provisions of the U.S. SECURE 2.0 Act of 2022 to take effect, below are resources to help our customers prepare and configure Infor HCM to comply with these changes. Infor and our partners are actively monitoring the latest proposals and rules from the US Treasury Department and the IRS…
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