Hi, I'm looking for a formula to do the following:
Formula C22:
Lookup Employee number VLookup - T_LOOKP,if match Lookup Age, if < 50 go to Admin and get maximium contributionamount else > 50 maximium.
vlookupemployee find
Traditional - calc methods and determine ifit is gross pay or default amount; if gross (rate*annual hours)*traditionalamount (percent). If it is default (fixed amount); Traditional Amount * payperiods)
Roth - calc methods and determine if it isgross pay or default amount; if gross (rate*annual hours)*traditional amount(percent). If it is default (fixed amount); Traditional Amount * pay periods)
Bothamounts added together < Limit or Limit is ending value
TL_LOOKUP
Formula C22:
Lookup Employee number VLookup - T_LOOKP,if match Lookup Age, if < 50 go to Admin and get maximium contributionamount else > 50 maximium.
vlookupemployee find
Traditional - calc methods and determine ifit is gross pay or default amount; if gross (rate*annual hours)*traditionalamount (percent). If it is default (fixed amount); Traditional Amount * payperiods)
Roth - calc methods and determine if it isgross pay or default amount; if gross (rate*annual hours)*traditional amount(percent). If it is default (fixed amount); Traditional Amount * pay periods)
Bothamounts added together < Limit or Limit is ending value
TL_LOOKUP
Irs Limits | |
Great_50 | 24500 |
Less_50 | 18500 |
Hours | |
Annual Full time | 2080 |
Part Time Half Year) | 1040 |
Pay Periods | 52 |
Last edited by a moderator: