Has anyone using S3 V10 for Benefits been able to complete the Secure 2.0 setup? Wondering if you had to create all new 401K or 403B and Roth plans? Also, we were told by Infor we had to create all new deduction codes to be used with Secure 2.0 because they had to be created in a certain order to be able to link them. Curious to know how others are approaching this.
I am in the middle of the entire setup now, If you would like to exchange emails and compare notes it might benefit us both.
My email is wilsont@summahealth.org
We wound up not needing to setup new plans. Infor informed us we could use our existing deduction codes too and that we only needed to create linked deductions. We are still having issues with employees enrolled in both our 401K and Roth plans. We have these built as two separate plans in Lawson. We are getting ready to start doing some test payrolls today and see how things go.
Hi Terry,
We also have separate plans for our 401(k) and 457(b) plans. What problems did you run into?
We are having all kinds of issues. It is letting people go over that max contribution amounts. Some people it works like it should. It seems a lot of people we are having issues with our if they are also in our Roth plan. We have 409A set as priority 1, 401K as 2, and then Roth as 3. We have a case open with Infor now.
We're also working to get this all figured out. Similar to the others in this thread we have two separate BN15 plans (401k - 457b) and was hoping someone else had this all figured out and posted here swilkins@phoenixchildrens.com