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Jan 04, 2008 at 08:13 AM

401k Limit

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Hi,

We have the following requirement.

If an employee is a Director or Executive & Age > 50, the limit for 401K contribution for the year would be $20,500; else in other cases the employee's limit would be $15,500.

1) Please let me know, where can I give this condition. Please specify the User Exit / BADI etc.

2) Please specify what needs to be configured to achieve this requirement.

I would appreciate your suggestion / comments etc. on above requirement.