SAP ABAP Data Element RTP_US_MAX_CON (Maximum allowed contribution)
Hierarchy
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EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
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IS-B-BCA (Application Component) Bank Customer Accounts
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BCA_US (Package) BCA modification for US specific requirements
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Basic Data
| Data Element | RTP_US_MAX_CON |
| Short Description | Maximum allowed contribution |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | RTP_US_AMOUNT | |
| Data Type | CURR | Currency field, stored as DEC |
| Length | 17 | |
| Decimal Places | 2 | |
| Output Length | 22 | |
| 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 | Max contri |
| Medium | 20 | Maximum contribution |
| Long | 28 | Maximum allowed contribution |
| Heading | 28 | Maximum allowed contribution |
Documentation
Definition
According to the IRS laws, an individual is eligible to contribute to his/her IRA(s) up to a specified amount each year. If the individual contributes more than the specified maximum amount, a penalty tax will be issued over the excess contribution amount.
Each year, the IRS publishes the maximum contribution amounts.
History
| Last changed by/on | SAP | 20020125 |
| SAP Release Created in | 110 |