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  2. Create after-tax employer rate as part of setting up 401(k) plans in benefits

Create after-tax employer rate as part of setting up 401(k) plans in benefits

In this example, you create a secondary rate for the after-tax option of the main 401k plan. Link the after-tax element (that you created before) to this rate and configure the calculation method to calculate a contribution that’s 25% of the employee contribution rate. This topic is part of the playbook to set up 401(k) plans in benefits.

  1. Click Navigator > Benefits Administration > Plan Configuration.
  2. Start the Benefit Plan Details task.
  3. Click Create > Standard Rate.
  4. Select the main 401k plan and the After-Tax option.
  5. Follow the instructions in the topic to set up the employee contribution rate to complete the rest of your setup.
  6. Save your changes.