Process

1. Mode

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.