Retire Roth Catch Up Contributions

This Special Routine is only available for sites that utilize the Next Generation Payroll service.

When an employee reaches the standard deduction limit for their 401K contributions, a Roth Catch Up Contribution plan is initiated.

The Retire Roth Catch Up Contributions is an additional contribution option available to individuals aged 50 or older, allowing them to contribute more to their retirement 401K plan. The Roth Catch Up plan is configured as a secondary deduction type and plan within the 401K standard deduction plan. The catch up contribution CCAP limit is set, and contributions to the Roth plan are subject to this limit.

The Roth plan processes only once a year, regardless of the CCAP limit.