Connect with and learn from others in the QuickBooks Community.
We recently started offering 401k and Roth 401k. When changing the rate, should one or both of these boxes be checked under the last step of pre-tax deductions? I would think that we would check just the regular 401k box...
Hello there, @Elite Roofing.
I'm here to help set up 401k and Roth 401k in QuickBooks Desktop (QBDT).
You'll need to check both boxes beside 401(k) (most common) and My 401(k) plan includes a designated Roth contribution (Roth 401(k)) since you're setting for both 401k and Roth 401k.
To do so:
That would allow you to set up the retirement benefits successfully. Don't hesitate to add a comment below if you have any other questions, we're always here to help. Have a good day ahead!
When setting up the payroll item, the Defaults that apply to that Tax Tracking are selected by the program.
When updating Rates, never Change the settings in the screens that show this. There also is a Default Button, if you think you messed it up, already.