Create Cross Plan Retirement Savings Plan Contribution Maximums

Administrator Guide

Security: Set Up: Benefits
in the Benefits functional area.

Define the maximum amount that an employee can elect in 1 or more retirement savings plans.

Access the

Create

Edit Cross Plan Retirement Savings Contribution Maximum

task.

As you complete this task, consider:

Option	Description
Inactive	Inactivates the rule. Transactions currently in progress complete as normal.
Restricted to these Benefit Groups	Limits the rule to specific benefit groups. If you leave this field blank, then Workday applies the rule to all benefit groups.
Benefit Plans	You can only select benefit plans belonging to benefit groups listed in the Restricted to these Benefit Groups field.
Contribution Percentage Maximum	Enter the total contribution amount - percent of salary employees can elect.
Contribution Amount Maximum	Enter the total contribution amount - fixed amount employees can elect.
Limit Display of Messages in Enrollment	Select to hide Workday-delivered cross-plan messages under Important Messages . Workday continues to display auto-waive and error messages.

Workers can only submit benefit elections that conform to the cross-plan rule defined for a benefit group.