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February 27, 2024
Question

Set up option for employer match to be Roth (per Secure Act 2.0 provision)

  • February 27, 2024
  • 1 reply
  • 0 views

We understand that, per Secure Act 2.0, employees can elect to designate employer matching as Roth
contributions. But we do not see an option for setting this up in QB. Please advise.

1 reply

February 27, 2024

Thank you for posting in the Community, Susan. Let me share some insight about setting up the Employer match to be Roth in QuickBooks Online.  

 

QuickBooks Online (QBO) supports a variety of retirement plan options. However, neither QBO nor the IRS recognizes this form of contribution (Roth 401(k) Employer match). 

 

For additional information, you can check this link for limits on contributions and benefits: Retirement Topics- Contributions

 

Nevertheless, if you would like to set this up, you can contact our Payroll Support Team to receive additional assistance.

 

In addition, I've got some articles for you that'll help you with your payroll-tasks:

 

 

Know that you can always get back to me if you need anything else. I'll be right here to assist anytime.