Start the Fast Formulas task. Search for the employer-match formula associated with the pretax deductions element you created. It's named ER_MATCH_CALCULATOR_FORMULA, prefixed with the name of your element. Click Edit. Scroll to line 32. Insert one these commands...
Some employers match employee retirement contributions up to a certain percentage to speed up savings growth. Defined contribution retirement plans accumulate tax-deferred savings in employer-established individual employee accounts such as a 401(k). Defined benefits retirement plans are also known as ...
Another method involves matching the employee's own HSA contributions, similar to how employers might match contributions to a401(k) plan. Employers can also offer HSA contributions as part of a wellness program, rewarding employees for completing health-related activities, such as annual check-ups ...