Retirement Plan Setup

You can set up 401(k) retirement plans to automatically calculate employee contributions and employer match based on your company’s policy. Your role must have the Set Up Payroll permission to set up retirement plans.

To learn how to set up retirement plans, see the following topics:

• Creating Retirement Plans

• Editing a Retirement Plan

• Inactivating a Retirement Plan

After you set up a retirement plan, you can derive the pay rate of deduction and employer contribution payroll items from the retirement plan. For more information, see Deriving a Payroll Item from a Retirement Plan.

Related Topics

• Enabling Payroll
• Entering Company Information for Payroll
• Entering Workplace Records for Payroll
• Updating Payroll Information
• Payroll Preferences
• Payroll Items Setup
• Payroll Setup for Employees
• Running Test Payroll Batches
• Setting up Year-To-Date Information From Your Previous Payroll System
• Entering a Payroll Start Date
• Payroll Setup

General Notices