• Search Forums
    Advanced Search Topics Posts
Prev
Next
Forums Human Capital Management Lawson S3 HR/Payroll/Benefits

Match schedule for 403(b)

 2 Replies
 0 Subscribed to this topic
 68 Subscribed to this forum
Sort:
Author
Messages
yvonne.mccolloch
Advanced Member Send Private Message
Posts: 32
Advanced Member
11/1/2012 2:10 PM
Has anyone had success setting up a 403(b) where the company is matching up to a certain amount?  We are changing our match percentage from one flat percentage (up to 4% of the EE contrib) to a percentage match on the first 3% and a different percentage match on the next 7%.  After 10%, the match is supposed to stop.  I'm on BN19.4 and it asks for a beginning percent, but not an end percent, so it appears that everything past 10% will continue to get the match.  Please tell me someone has set this up successfully in Lawson because we know other companies are doing something very similar.  thanks!
Deleted User
New Member Send Private Message
Posts: 0
New Member
11/1/2012 2:22 PM
You need to add a final line that begins with 11, but leave the match percent blank.
yvonne.mccolloch
Advanced Member Send Private Message
Posts: 32
Advanced Member
11/1/2012 3:16 PM
Seems so simple... I thought I had tried that, but apparently not. Many thanks for your quick response!