on 01-23-2015 12:54 PM
Hello,
We got one incident in which an employee has his 401K stopped in 23 period of 2014 because he reached the IRS limit at that time. But in 25 period when payroll retro back to 24th period and certain amount say 230 Dollar was refunded as 401K refund for him.and hence 401K YTD was reduced.
This reduced amount was again paid in 26 period payroll
Can any one help in understanding what may have gone wrong.
Regards,
Jignya
Hi, was there a change in 401k wage base (/102) in period 24?
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