Updated the deferred compensation plan limits for the Puerto Rico's dual qualified 1081.01(d)(7)(A)(ii) plan for 2025. In Payroll Setup > Deferred Compensation and Pension Plans, the contribution and catch-up limits are updated for employees with a primary PR residential address. The new standard limit is $23,500, and the new catch-up limit for employees over the age of 50 is $25,000. |