Manage Retirement Elections

ESS administrators can use this screen to view/edit employee retirement benefit elections (that is, deductions with 401(K), 403(B), 408(K), 457, or 501(C) percentages or amounts) before uploading them to Costpoint Payroll.

Costpoint performs validations on the percentages and amounts when saving changes to ensure that they do not exceed the maximum amounts established in the Manage ESS Company Settings screen. Costpoint validates the deduction percentages to ensure that they are between the Minimum Percent and Maximum Percent established on the Manage ESS Company Settings screen. 

Review the data in this screen before uploading retirement benefit elections.