Use of 415 Limits Results

The 415 limits function produces a second set of optional forms results for every optional formset subject to these limits. If a limited result is present, the system uses this amount when you pay your retirees.

To see whether 415 limits were applied, compare the limited and unlimited optional forms results. Both sets of results are shown on the Review Calculation Results - Optional Forms page.

To see the actual limit, a list of the benefits subject to the limit, and the unlimited and limited amount single life annuity value of each of those benefits, go to the Review Main Results - 415 Limits page.