NetSuite Changelog
Employee ManagementRelease NotesNew FeatureHR

Automatic Catch-Up Age Calculations in NetSuite 2025.2

Automatic catch-up age calculations introduced in NetSuite 2025.2 streamline payroll and ensure regulatory compliance.

·2 min read·From NetSuite Release Notes PDF

Starting in NetSuite 2025.2, a new enhancement has been introduced for employee management that focuses on automatic catch-up age calculations for employees aged 60 to 63. This feature is designed to ensure compliance with relevant regulations while also streamlining payroll processes.

What’s New

With this enhancement, the payroll system will automatically compute catch-up contributions for employees within the specified age range. This not only helps meet legal obligations regarding retirement contributions but also aids in simplifying administrative tasks associated with payroll.

Benefits of Automatic Catch-Up Age Calculations

  • Compliance Assurance: Automatically calculating catch-up contributions helps maintain adherence to IRS guidelines, reducing the risk of compliance issues.
  • Time Efficiency: Automation minimizes manual calculations, saving time for payroll administrators.
  • Improved Accuracy: Reducing human error in calculations leads to more accurate payroll and benefits processing.

Implementation Considerations

Before utilizing this new feature, it's advisable to:

  • Review your Payroll Configuration: Ensure that your payroll setup is compatible with this enhancement.
  • Training Staff: Provide training for your payroll team to understand the new calculations and how they impact overall payroll processing.

Who This Affects

  • Payroll Administrators: Those responsible for processing payroll will find this enhancement significantly beneficial for their operations.
  • HR Managers: Those handling employee benefits and compliance will need to be aware of how these changes affect employee contributions.
  • Employees: Employees eligible for catch-up contributions will benefit from more accurate and compliant payroll practices.

Key Takeaways

  • Automatic catch-up age calculations for ages 60-63 introduced in NetSuite 2025.2.
  • Ensures compliance with IRS regulations for retirement contributions.
  • Streamlines payroll processes and improves accuracy.
  • Payroll staff should review configurations and seek necessary training for effective implementation.
Source: Employee Management26 — NetSuite Release Notes PDF. This article was generated from official Oracle documentation and enriched with additional context and best practices.

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