Eligibility Dates
On Fri, 20 Jun 2008 11:56:00 -0700, Christy
wrote:
I am looking for a formula that will give me eligibility dates.
An employee is eligible to participate in 401K the 1st of the month
following 30 days of employment.
Hire Date = 1/2/2008 Date needed 3/1/2008
=A1+63-DAY(A1+30)-DAY(A1+62-DAY(A1+30))
The same employee is eligible for employer match the 1st of Jan or the 1st
of July following 180 days of employment.
Hire Date = 1/2/2008 Date needed 1/1/2009
I don't understand this Hire Date computation. 2 Jan 2008 + 180 days -- 30
Jun 2008; so wouldn't the date be 1 July 2008 and not 1 Jan 2009?
If the problem is that you forgot that 2008 is a leap year, then try:
=DATE(YEAR(A1+180),7+6*(MONTH(A1+180)=7),1)
If not, then you'll need to explain more.
--ron
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