How to Override Deferred Compensation Catch-Up Limits for Ages 60 Through 63

Under Section 109 of SECURE 2.0 Act increases the catch-up contribution limit for employees aged 60 through 63 to the greater of:

• $10,000 indexed

• 150% of the standard age catch-up limit under IRC § 414(v)

You can manage the limits through these calculation value definitions.

• Deferred Compensation 401k Special Age Catch-Up Annual Limit

• Deferred Compensation 403b Special Age Catch-Up Annual Limit

• Deferred Compensation 457 Special Age Catch-Up Annual Limit

Note:

You must run the Feature Upgrade flow to update any deferred compensation elements you created prior to 2025.

If your retirement plan doesn't permit this age 60-63 catch-up limit, you must the override default at the legislative data group (LDG) level.

1. Start the Calculation Value Definitions task.

2. Enter your US legislative data group (LDG).

3. Search for and select one of the following.

   • Deferred Compensation 401k Special Age Catch-Up Annual Limit

   • Deferred Compensation 403b Special Age Catch-Up Annual Limit

   • Deferred Compensation 457 Special Age Catch-Up Annual Limit

4. In Calculation Values, click Add Row.

5. Enter the following.

   Column header	What you enter
   From Value	0
   To Value	99,999,999
   Calculation Type Override	N/A
   Flat Amount	Standard age-50 and older catch-up limit for the year Note: This limit is indexed annually. Until your plan adopts the enhanced Section 109 limit, it's your responsibility to keep this value up-to-date.

6. Click Submit.

7. Repeat these steps for the other three calculation value definitions.