holding out funds for retirement plan

Hi all.....completely lost here!!

qb pro will take out either 3% matching or a dollar amount. when the 3% exceeds the set dollar amount, it takes the 3% instead of the set dollar amount.

Does this make sense? I'd love to discuss this with anyone who can help. I'm a small business owners flunky offering this as a benefit, but don't know how to apply it properly. Thanks, jo

Reply to
jojo
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Reply to
Golden California Girls

I'll put my good money on the OP setting it up wrong rather than QB handling it incorrectly.

Reply to
Allan Martin

well, most of the confusion came from not setting a limit. For example, we set a dollar amount of 40.00, then a match of 3% but it was going over the dollar amount. I found a place to set a limit on the employee information section, and hopefully this will straighten it out. Thanks, jojo

Reply to
jojo

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