© Copyright 2016 ADP LLC. 5800 Windward Pkwy | Alpharetta, GA 30005

Please Contact Us for More Information: 800-000-0000

 

Latest Compliance News

Payroll schedule - Martin Luther King, Jr. holiday

1/7/21

Author: ADP Admin/Thursday, January 7, 2021/Categories: News

ADP would like to remind you that Martin Luther King Day, Monday January 18, 2021 is a bank holiday. The Federal Reserve will be closed. 

To ensure timely employee direct deposits we recommend you accept and approve your payroll 48 business hours prior to pay date and no later than 2:30pm Eastern Time / 11:30am Pacific Time. Payrolls processed less than 48 hours prior to pay date could experience late funding of employee direct deposits and tax deposits, and a delay in the delivery of your payroll package.

In order to prevent a delay in the posting of the direct deposit transactions to your employees' accounts, it is very important that you review your payroll processing schedule prior to submitting your payroll.  Consider your current processing date and pay date to determine if a change is necessary to account for the bank holiday.  If a change is necessary, please contact your Payroll Service Representative for assistance.

Use this chart as a guide to determine if a payroll schedule change is necessary. Please note if you are a wire client or over threshold client, you will need to check with your bank for their wire cut-off times. To ensure timely employee direct deposits, ADP must have funds by Noon (local time) 2 business days prior to check date.

If your Pay Date will be:

Your Payroll must be Completed/Accepted by 2:30pm Eastern Time on:

Wire Clients and Over Threshold Clients -
Funding Due Date:

ACH Clients

ADP Will Debit Your Account:

Friday

01/15/2021

Tuesday

01/12/2021

Wednesday

01/13/2021

Thursday

01/14/2021

Monday

MLK Day

01/18/2021

Move Pay Dateto Friday 01/15/2021 or Tuesday 01/19/2021

Follow Friday or Tuesday Pay Date processing information listed here

Tuesday

01/19/2021

Wednesday

01/13/2021

Thursday

01/14/2021

Friday

01/15/2021

Wednesday

01/20/2021

Thursday

01/14/2021

Friday

01/15/2021

Tuesday

01/19/2021

 

Note: Electronic transactions received with a pay date of 01/18/2021 will not be deposited until 01/19/2021, depending upon the individual’s depository institution.

If you have any questions, concerns or would like to make a change to your payroll schedule, please contact your Service Team.