Accelerated Payroll – Banking Holiday & PlanSource Closure

by · January 9, 2023

Calendar
When:
May 27, 2024 all-day
2024-05-27T00:00:00-04:00
2024-05-28T00:00:00-04:00
Holidays

Memorial Day 2024: Monday, May 27th, 2024

As you may be aware, the next Federal Banking Holiday is Memorial Day, Monday, May 27th, 2024.

Please note that the PlanSource HCM offices are CLOSED. If you have a pay date dated for Monday, May 27th, please call or email the service team to update your pay date for a different Date

 

Payroll Deadline Changes

All payrolls MUST be completed by 12 Noon EST two (2) BUSINESS days prior to your pay date.

TUESDAY, MAY 28th PAY DATES: Close payroll by – Thursday, May 23rd

WEDNESDAY, MAY 29th PAY DATES: Close payroll by – Friday, May 24th

If your payroll is not closed by the above deadline (2 business days prior to pay date) the following processes will be impacted:

  • Payroll invoice amounts must be WIRED
  • Tax payments cannot be guaranteed until Thursday, May 30th
  • Pay checks cannot be guaranteed until Thursday, May 30th
  • Direct Deposits cannot be guaranteed until Thursday, May 30th

We will not be able to track delayed packages, fund emergency tax payments or troubleshoot additional errors resulting from a late payroll closure during the holiday.

 If you have ANY questions about how the holiday will affect your payroll schedule, please contact the HCM Service Team at 407-447-3837 or via email: hcmservice@plansource.com

You may also like...