Accelerated Payroll – Banking Holiday & PlanSource Closure

When:
January 20, 2025 all-day
2025-01-20T00:00:00-05:00
2025-01-21T00:00:00-05:00

Martin Luther King Day 2025: Monday, January 20th, 2025

As you may be aware, the next Federal Banking Holiday is: Martin Luther King Day, Monday, January 20th, 2025.

Please note that the PlanSource HCM offices are closed, NO payrolls may have a pay date of Monday, January 20th, 2025.

Please call or email the service team to update your pay date for a different date, if you have any payrolls dated for the federal banking holiday.

Additionally, no supplemental payrolls may be requested for a pay date of Monday, January 20th, 2025.

 

Payroll Deadline Changes:

Tuesday, January 21st pay dates: Close payroll by – Thursday, January 16th

Wednesday, January 22nd pay dates: Close payroll by – Friday, January 17th  

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, January 23rd
  • Pay checks cannot be guaranteed until Thursday, January 23rd
  • Direct Deposits cannot be guaranteed until Thursday, January 23rd

 

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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