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aptapro
Level 1

How do we add 401 K Catch Up Contribution along with Regular 401K Contribution. It gives a message You cannot select Regular

 
1 Comment 1
Nick_M
QuickBooks Team

How do we add 401 K Catch Up Contribution along with Regular 401K Contribution. It gives a message You cannot select Regular

Hi there, aptapro. 

 

Thanks for stopping by the Community this Tuesday morning. I'm happy to help, you have to manually enter the catch-up limit and enter it as the annual limit. Here are the steps to do so:

  1. From the left menu select the Gear icon. Then select Payroll Settings.
  2. Under Payroll, select Deductions / Contributions.
  3. Select Add a New Deduction/Contribution.
  4. For Category, select Retirement Plans.
  5. For Type, select the applicable retirement plan.
  6. Enter the name of the provider or plan.
  7. Select Ok.

If you're still experiencing trouble, I would highly recommend reaching out to our support team as they could guide you click-by-click on how to set this up correctly.

 

I'm also including a couple helpful articles for you to check out below:

If there's anything else I can help with, feel free to post here anytime. Thank you and have a lovely afternoon. 

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