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Thu, October, 18th 2018

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Article:

Has anyone currently programmed both 401K and ROTH plans in their system?

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Benefits programming
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We do have multiple plans defined in our S3 Benefit System for retirement. What specifics are you needing?
We do have multiple plans defined in our S3 Benefit System for retirement. What specifics are you needing?
We also have this set up in S3. Let me know if I can assist.
We also have this set up in S3. Let me know if I can assist.
Thanks Wardine & Kimberly: My question is somewhat general. We know we would have to create a second Benefits plan since 401K is pre-tax and ROTH is post-tax, but we were wondering how you manage the contribution limits since both 401K and ROTH would be subject to the same combined limit.
Thanks Wardine & Kimberly: My question is somewhat general. We know we would have to create a second Benefits plan since 401K is pre-tax and ROTH is post-tax, but we were wondering how you manage the contribution limits since both 401K and ROTH would be subject to the same combined limit.
We're still on S3 and I know that we've had issues with the deduction around having dollar amount and percentage. The system can't seem to handle both and manual rework is required.
We're still on S3 and I know that we've had issues with the deduction around having dollar amount and percentage. The system can't seem to handle both and manual rework is required.
We also have both plans with the same limits, but Infor does not stop when the combined limits are reached, therefore we have to manually monitor, if missed, people have over deferred. Please advise. We've also put something out on Infor Extreme about this.
Thanks,
We also have both plans with the same limits, but Infor does not stop when the combined limits are reached, therefore we have to manually monitor, if missed, people have over deferred. Please advise. We've also put something out on Infor Extreme about this. Thanks,

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