SAP ABAP Data Element PUS_BEN_AAPEE (Benefit 403(b)-plan previously excluded EE amounts)
Hierarchy
☛
SAP_HRCUS (Software Component) Sub component SAP_HRCUS of SAP_HR
⤷ PY-US-GR-BI (Application Component) Benefit Integration
⤷ PC10_BEN (Package) Benefits Payroll Integration USA
⤷ PY-US-GR-BI (Application Component) Benefit Integration
⤷ PC10_BEN (Package) Benefits Payroll Integration USA
Basic Data
Data Element | PUS_BEN_AAPEE |
Short Description | Benefit 403(b)-plan previously excluded EE amounts |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | P_AMT08 | |
Data Type | CURR | Currency field, stored as DEC |
Length | 15 | |
Decimal Places | 2 | |
Output Length | 20 | |
Value Table |
Further Characteristics
Search Help: Name | ||
Search Help: Parameters | ||
Parameter ID | ||
Default Component name | ||
Change document | ||
No Input History | ||
Basic direction is set to LTR | ||
No BIDI Filtering |
Field Label
Length | Field Label | |
Short | 10 | Prev.excl. |
Medium | 17 | EE Prev. excluded |
Long | 22 | EE Previously excluded |
Heading | 22 | EE Previously excluded |
Documentation
Definition
In this field you enter the total amount of previously excluded employee contributions BFY (Before the First Payroll Year) for this employee into plans not directly subject to the MEA limit but which must be included when considering the overall 403(b) limit. Such amounts include contributions to 401(k), 457 plans, and contributions to Qualified State Teacher's Retirement Plans.
The amount stored in this field will also be used in Section 402(g)(8) exception calculation.
Examples:
- An employee is hired on July 16th, 2001. The first payroll for her begins on July 16th, 2001. She is also immediately enrolled into a 403(b) plan. When she was working for her previous employers, she was enrolled in various 401(k) plans. Her pre-tax contributions up to Dec. 31st, 2000, and including all prior years was $22,000, her post-tax contributions, $5000, and the employer-matching contribution, $11,000.
You would enter $22,000 here, this being the pretax employee contributions not made to a 403(b) plan before the first payroll year. (For corresponding 403(b) contributions, we enter these into the fields labelled BFY EE pre-tax, and BFY vested ER contr.) - An employee is hired on July 16th, 2001. The first payroll for her begins on July 16th, 2001. She elects to enroll into a 403(b) plan on Sept. 1, 2002. In the period July 16th, 2001 to Sept.1, 2002, she is enrolled into a 401(k) plan. Her pre-tax contributions up to Dec. 31st, 2000 and including all prior years was $22,000, her post-tax contributions, $5,000, and the employer-matching contribution, $11,000. In the year 2001, she has made a pretax contribution of $4,000 to her 401(k) plan and her employer-matching contribution was $2,000.
You would enter $22,000 here, just as in case 1. It is not necessary to add the additional $4,000 contributions made in 2001 because that contribution was not made BFY ( Before the First Payroll Year). The system will keep track of contributions made after the first payroll.
History
Last changed by/on | SAP | 20010607 |
SAP Release Created in |