Deductions and benefit plans

The Benefits application uses deductions to track employee and company contributions on a pay period basis.

You assign deductions to benefit plans. Each deduction can be assigned to only one benefit plan.

This table describes the use of each category of deduction. You can define each type of deduction as an amount or a percent. The deductions used for a plan depend on the contribution type that you select for a plan and how you define the contribution.

Deduction Type	Description
Pre Tax Amount	Tracks employee contributions as an amount that is taken pre tax.
Pre Tax Percent	Tracks employee contributions as a percentage that is taken pre tax.
After Tax Amount	Tracks employee after tax contributions as an amount.
After Tax Percent	Tracks employee after tax contributions as a percent.
Employer Amount	Tracks the employer contribution as an amount when the employer contribution is not a match of the employee contribution.
Employer Percent	Tracks the employer contribution as an percent when the employer contribution is not a match of the employee contribution.
Pre Tax Match Amount	Tracks the employer contribution calculated as an amount match of the employee pre tax deduction.
Pre Tax Match Percent	Tracks the employer contribution calculated as a percent match of the employee pre tax deduction.
After Tax Match Amount	Tracks the employer contribution calculated as an amount match of the employee after tax deduction.
After Tax Match Percent	Tracks the employer contribution calculated as a percent match of the employee after tax deduction.
Defined Contribution Plan After Tax Match Amount Employee Contribution	Tracks employee after tax contributions for 401(k) and 403(b) plans when the employee has met the pre tax limit. Allowed if the Use After Tax Rollover Deductions field on organization is specified on the benefit plan
Defined Contribution Plan After Tax Match Percent Employer Contribution	Tracks the employer contribution calculated as a match of the employee after-limit deduction.
Rollover Amount	Tracks the amount that is deducted from an individual's pay after the tax contributions are calculated.
Rollover Percent	Tracks the percent of an individual's pay that is deducted after the tax contributions are calculated.
Reduces Flex Credits (for flex plans only)	Tracks the employer's cost when an employee uses flex dollars to pay for a benefit.