4How do I override limit checking for deferred compensation contributions?
For 401 (k) plans, you can override your organization-eligible compensation limit checks when you define the element. You can also use the Element Entries task to override limit values for a 401 (k) plan for specific employees. For 403 (b) and 457 (b) plans, you override these limits on the person's Benefits and Pensions card.
All limits are enabled by default.
401 (k) limits |
403 (b) and 457 (b) limits |
---|---|
Enforce Compensation Limit |
Enforce Eligible Compensation Limit Enforce Employer Catch-Up Contribution Limit Enforce Employer Contribution Limit |