401K Match Issues, created by Raeann Hofkin, CPP

Employee John Doe completed his W4 to request an additional $75 to be withheld for his Federal taxes, and has a 5% 401k contribution. John is receiving a second check for $63. When the system processes this request, you can already see that the net will be less than zero ($75 in additional taxes to be withheld when the earnings are only $63). ................
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