Process
- 1. Mode
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Specifies whether the process needs to run in proof or final mode. Valid values are:
0: Proof Mode - The system prints the report without updating the employee's DBA instructions. Use the report to verify the DBA information before you process enrollments in the final mode.
1: Final Mode - The system prints the requested report and updates the database. Use this mode after you have verified the DBA information and are ready to update the employee’s DBA instructions.
- 2. Effective Date
Enter the effective date to calculate the employee’s age. To use the system date as the effective date, leave this processing option blank.
- 3. Age From
Enter a value that specifies the minimum age of employees eligible for a greater catch up limit.
- 4. Age To
Enter a value that specifies the maximum age of employees eligible for a greater catch up limit.
- 5. Catch Up DBA
Enter a value that specifies the 401K Catch Up DBA considered for the process. This DBA is updated with the greater group limit if the employee meets the criteria.
- 6. Roth DBA
Enter a value that specifies the 401K Roth DBA considered for the process. This DBA is updated with the greater Group Limit if the employee meets the criteria.
- 7. Group Limit Amount
Enter a value that specifies the enhanced group limit.