Retirement Plans

Dayforce Release Notes version 2024.2.1, Patch 6

Version
R2024.2.1 Patch 6

GPTCI-59229

Updated the deferred compensation plans in Payroll Setup > Deferred Compensation and Pension Plans to allow employees aged 60 to 63 years to opt out of super catch-up contributions under the SECURE 2.0 Act. New options Catch-Up Only (Non - Super Catchup) and Based on Birth Date (Non - Super Catchup) are added to the Limit Option field, and are available for the following tax methods:

  • 401K
  • 401KRoth
  • 403B
  • 403B Roth
  • 457B
  • 457B Roth
  • Simple 401K
  • Simple 408K