SAP ABAP IMG Activity OHAUSBEN120 (Maintain constants for savings plans)
Hierarchy
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SAP_HRCUS (Software Component) Sub component SAP_HRCUS of SAP_HR
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PY-US (Application Component) USA
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P10C (Package) HR customizing: USA
SAP_HRCUS (Software Component) Sub component SAP_HRCUS of SAP_HR⤷
PY-US (Application Component) USA⤷
P10C (Package) HR customizing: USA
IMG Activity
| ID | OHAUSBEN120 | Maintain constants for savings plans |
| Transaction Code | S_AHR_61000251 | IMG-Aktivität: OHAUSBEN120 |
| Created on | 19981218 | |
| Customizing Attributes | OHAUSBEN120 | Maintain constants for savings plans |
| Customizing Activity | OHAUSBEN120 | Maintain constants for savings plans |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | OHAUSBEN120 |
In this step, you maintain limits to be used in conjunction with savings plan contributions. You will need to maintain these settings whenever regulatory changes or changes in your benefits plans necessitate an adjustment of these plan-related limits.
Example
The maximum base salary from which employees can make tax-free contributions to a 401(k) plan is currently $160,000. If the IRS were to amend 401(k) regulations and reset this limit to $200,000 as of 1/1/1999, you would make the following entries in the first view of this step:
From To Amount Curr.
01/01/1999 12/31/9999 200,000.00 USD
Requirements
Standard settings
Recommendation
Monitor savings plans for changes and maintain these limits as needed.
Activities
- In the first view, set the base salary limit for 401(k) contributions.
- In the second view, set the combined limit for contributions to deferred plans.
- In the third view, you set the combined limit for age-related catch-up contributions.
Further notes
Business Attributes
| ASAP Roadmap ID | 203 | Establish Master Data |
| Mandatory / Optional | 1 | Mandatory activity |
| Critical / Non-Critical | 1 | Critical |
| Country-Dependency | I | Valid for countries specified |
| Customizing Attributes | Country Key | Country Name |
|---|---|---|
| OHAUSBEN120 | US | USA |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | OHAUSBEN120 | 0 | HLA0009732 | Benefit Integration |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| VV_511P_B_401KL_AL0 | V - View | SM30 | Set combined limit for deferred plans | |||
| VV_511P_B_401KS_AL0 | V - View | SM30 | Set base salary limit for 401(k) contribution | |||
| VV_511P_B_401CL_AL0 | V - View | SM30 | Set combined limit for age catch-up contribution |
History
| Last changed by/on | SAP | 19981218 |
| SAP Release Created in |
