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Employee Deduction - 403(b)

Overview

  • Some employees may be allowed to contribute more than the normal annual maximums for 403(b) depending on their years of service with a company.
  • This is managed in the Employee/Deduction tab.

Employee Deduction 403(b)

  1. Menu: Employee>Deduction
  2. The 'Exceed Global Limit' checkbox allows an amount to be entered that is higher than the usual annual contribution for the 403(b).
  3. Enter the annual maximum specific to the employee.
  4. Check the 'Exceed Global Limit' box.
  5. Only amounts that exceed the normal annual maximum are allowed.
  6. Click the Save button.

Related Links:

Employee Deductions
Company Deductions