Declining automatic Rollover enrollment for Secure Act 2.0

You can decline automatic rollover enrollment to Secure Act 2.0 for employees who are considered high earners over the age of 50.

  1. Select Maintenance.
  2. Click the Processes tab and click Secure Act.
  3. Click the Decline Rollover tab.
  4. In the Secure Act Eligibility section, select an employee record.

    Optionally, double-click an employee record and click Update Rollover Deduction.

    You must specify Yes in the Decline Rollover field and ensure that the check box is selected.

  5. Click the Update Rollover Deduction button.
  6. Select the End Deduction check box.
  7. Click Submit.

    When you update the employee’s Rollover Deduction record, the End field is updated with the end date of the deduction.