Limit Employer Amount by Employee Amount

Select this check box if the most that the employer can contribute to the employee's retirement fund is limited by what the employee pays. Clear the check box if the employee's contribution is not limited. (The value in the Employer Retire Cont field on the Payroll Processing form will not be greater than the amount in the D/E Code for the Designated Retirement Plan on the Payroll Processing form.)

Note:  It is advisable to select this field prior to the first payroll of the year.