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Reset Annual Match Limit
kelly-neumueller
My 401k plan has an annual limit on the company match but I can't figure out how to reset the limit for the new year. The limit on BN19.4 says it's supposed to be an annual limit but we are about to run our first payroll for the new year and I don't know how to reset the limits for each employee. I have run BN105 because the limit changed. Everyone's deductions now have 1/1/15 effective dates but the limit are not reset. Help!
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unknown
did you run your PR999?
unknown
Did you also set up a new contribution Match Limit Schedule on BN18.6? The start date on this record should be the same as the start date of the 1st payperiod of the new year.
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