How can I enter a limit for a worker?
Zenefits Payroll monitors the IRS mandated 401(k) contribution limits for your workforce, but what if you have a new hire who contributed to a 401(k) at a previous job? You can now add a worker’s previous 401(k) contributions, so that Zenefits can still monitor their limits.
How can I enter a limit for a worker?
- Log in to your admin account.
- Click on Payroll.
- Go to the People tab.
- Click on the worker you’re adding a limit to.
- Scroll down to the Deduction section.
- For a new deduction, click +Add Deduction, select 401(k), and click Add.
- For an existing deduction, click the pencil icon.
- Confirm the amount to be deducted/contributed per pay run.
- Enter any prior amounts deducted/contributed outside of Zenefits.
- Add any custom annual limits.
- Click Add once finished.