401(k) and Roth with Company Match

You have to put them in the same plan code on the BN15. You can not have 2 different plan codes, one for the flat amount and one for the percent.

Yes, I did put them in the same plan code on the BN15. However, we need the aftertax match field and the pre-tax match field to talk to each other so that together the percentage is correct.

For example, Jane contributes 3% 401k and 3% Roth. Lawson matches 3% on both (6% total). That's too much match. We can only match 4% total on teh aggregate 401k and Roth deferral. Is there a way to do this?

thanks.

Do you have the Match Option flag set on your BN18.6 to be B for Both?

Yep!
Does your company have the same Roth and Traditional Option with Company match for both?

We have a match that is 50% up to 6. If I contribute 4 percent traditional and 4 percent roth, the system will calculate 3% as the company portion.

Do you have your BN19.3 populated with you match percent and limit defined? Do you have your company deduction code set up as calc type E and the EE deduction code in the Matched deduction field?

Yes, we have those set up correctly.

What we want is for the system to aggregate both roth and traditional % and then calculate the match.

The problem is, if I do 3% roth and 3% traditional, system will give us a total match of 6%. However, our match schedule is 100% the first 3%, and 50% the next 2%, up to 4%.

Is the system currently doing this calculation for you correctly? If so, would you be able to share screenshots? Maybe I'm missing something?

 

thanks,

That is different than our plan. Ours is a math limit schedule plan. It sounds like you need a match percent schedule plan.