Enter, or click to select, the alphanumeric deduction code to link to the deferred compensation plan. You normally select deduction codes that have been defined in Payroll with a deduction type code of a 401(k) or a 403(b) deferred compensation type. You can link many deduction codes to one plan code; however, a single deduction code can belong to only one plan code.

This field displays the description associated with the deduction code.

Enter, or click to select, the deferred compensation plan code that you want to link to a deduction (or contribution) code. You can link several deduction codes to one deferred compensation plan code; however, you can link each individual deduction code to only one deferred compensation plan code.

From the drop-down list, select Yes or No to indicate if deduction code you select is a company code and is fully vested to the employee when granted. Fully vested refers to the lack of a waiting period or vesting schedule. Select No for contributions that are tied to a vesting schedule and select Yes > for contributions that are fully vested. You can have several contributions of each type (fully vested or not fully vested) linked to one plan code.

Enter a one-character code that identifies the source of this deduction. This field is required if the Financial Institution, such as Vanguard, requires it and the Deduction option on the Manage Deductions screen is selected. Some financial institutions use this code to identify whether this deduction is pre-tax, after-tax, employer matched, and so on.

Enter a one-character code that identifies the source of this contribution. This field is required if the Financial Institution, such as Vanguard, requires it (on the Manage Deferred Compensation Plans screen) and the Contribution option on the Manage Deductions screen is selected.