Accelerated Payroll – Banking Holiday & PlanSource Closure

by · January 9, 2023

Calendar
When:
May 29, 2023 all-day
2023-05-29T00:00:00-04:00
2023-05-30T00:00:00-04:00
Holidays

Memorial Day 2023: Monday, May 29th, 2023

As you may be aware, the next Federal Banking Holiday is Memorial Day, Monday, May 29th, 2023.

Please note that the PlanSource HCM offices are CLOSED. If you have a pay date dated for Monday, May 29th, 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 30th PAY DATES: Close payroll by – Thursday, May 25th

WEDNESDAY, MAY 31st PAY DATES: Close payroll by – Friday, May 26th

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, June 1st
  • Pay checks cannot be guaranteed until Thursday, June 1st
  • Direct Deposits cannot be guaranteed until Thursday, June 1st

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

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