Roth 401k Deduction

General support regarding TimeTrex, such as
configuring policies/taxes or processing payroll.
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Ttrexmj
Posts: 2
Joined: Tue Jan 02, 2018 6:54 pm

Roth 401k Deduction

Post by Ttrexmj »

Hello

I would like some help on how to set up a Roth 401k deduction for my employee. This is the deduction which is post tax.

Thanks for the help

Matt
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Re: Roth 401k Deduction

Post by shaunw »

Please see the following Administrator Guide page for more information:
https://help.timetrex.com/v11.0/communi ... ctions.htm
Ttrexmj
Posts: 2
Joined: Tue Jan 02, 2018 6:54 pm

Re: Roth 401k Deduction

Post by Ttrexmj »

Thanks.
The link provides only steps to set up a tax or deduction. How do I set up a Roth 401k. Which is a deduction, but it is calculated after the Net Salary is calculated.
Please advise.
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Re: Roth 401k Deduction

Post by shaunw »

Ttrexmj wrote: Thu Jan 04, 2018 7:59 am The link provides only steps to set up a tax or deduction. How do I set up a Roth 401k. Which is a deduction, but it is calculated after the Net Salary is calculated.
There is nothing special about a Roth 401k deduction, its the same as most other deductions and can be configured with the most basic of Tax/Deductions (either fixed amount or percent calculation usually).
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