Skip to Main Content
Sage HRMS - NA Ideas Portal
Status Planned
Categories Benefits
Created by Paralea Boose
Created on Feb 17, 2021

When adding plans to the Savings Plan screen, it should automatically run update benefits for that person to check 401k matches in Savings Plan Groups

If an employer is using the Savings Plan Groups to control the employer match, then adding any plan to the Savings screen that is affected by the Savings Plan Groups should immediately recalculate. What is happening is someone has traditional 401k and gets the full employer match. Then Roth is added to that person, but Roth then ALSO gets the full match because it doesn't recognize 1) There is a savings plan group to control that, and 2) There is already a plan with a full match. This leads to double the match being passed and calculated in both payroll and HR. The Savings Plan Group is used to control this, but it is not being calculated by the software unless update benefits is being run. Touching any plan in a Savings Plan Group needs to immediately kick off the Savings Plan group calculation for the employee.

  • ADMIN RESPONSE
    Sep 21, 2023
    This will be considered for an upcoming release of the premium version of Sage HRMS
  • Attach files
  • +3