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Former Member
Mar 21, 2011 at 02:26 PM

Benefits-Savings plan Matching contri. Employer limit and earnings limit

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HI All,

How do we configure the below requests.

1) Remove the $245,000 earnings limit; change the upper limit back to "99,999,999.99" instead of "245,000"

2) Add a limit on maximum employer matching contributions of $11,025 (this is calculated as $245,000 x 6% x 75%). This upper limit should begin 1/1/2011 and end 12/31/9999; as this factor changes.

Regards!!