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401K Refunded for retro payroll

former_member22386
Active Participant
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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

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Answers (1)

Answers (1)

former_member353481
Participant
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Hi, was there a change in 401k wage base (/102) in period 24?