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A Look at Federal, State, and Local Minimum Wages

by Mike Kappel @ Payroll Tips, Training, and News

You can’t just pay your employees any amount you want. You must follow federal, state, and local laws that set minimum wages. What is minimum wage? Minimum wage is the lowest amount you can pay an employee per hour of work. You can pay more than the minimum wage, but you should never pay less […]

The post A Look at Federal, State, and Local Minimum Wages appeared first on Payroll Tips, Training, and News.

When to Pay Employees for FLSA Hours Worked

by Kaylee Riley @ Payroll Tips, Training, and News

When nonexempt employees are doing their primary job duties, it’s easy to tell that they are working. Their working time should be compensated. But, when nonexempt employees are not doing their main job duties, it can be more difficult to tell if they are working and if they should be compensated. The Fair Labor Standards […]

The post When to Pay Employees for FLSA Hours Worked appeared first on Payroll Tips, Training, and News.

Connecting With Social Security

by mickiedouglas @ Social Security: Information & Updates

Every day thousands use it to do business with Social Security. We strive to offer the kind of services that meet people’s needs. And sometimes you want fast and direct answers over the phone. We have that option. You can call us toll free at 1-800-772-1213. Social Security offers some automated services that allow people…
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Direct Deposit Information and Forms | SunTrust Personal Banking

Direct Deposit Information and Forms | SunTrust Personal Banking


SunTrust

Set up direct deposit with SunTrust and get faster access to your paychecks, social security benefits, and any other payments.

2018 Annual Meeting

by Jordan Ottaway @ Neighborhood Credit Union

Save the Date 88th Annual Meeting! Review of 2017 business and financial results, election of Board of Directors and door prizes. March 29, 2018 at 3:00pm North Dallas Branch Members make the difference and we are looking forward to seeing you this year. Annual Meeting Nominating Committee Any Neighborhood Credit Union member interested in being […]

When Does Direct Deposit Go Through? | Patriot Software

When Does Direct Deposit Go Through? | Patriot Software


Payroll Tips, Training, and News

If you pay some employees via direct deposit, they might ask you when they will receive their wages. When does direct deposit go through?

PNC

PNC


PNC

We can help you gain the confidence you need to make important financial decisions for you, your family or your business.

Do Married Couples Receive Their Social Security Checks On The Same Day?

by mickiedouglas @ Social Security: Information & Updates

People are always interested to know when Social Security checks are issued each month. See our payment schedule for 2018 for dates of payment: https://www.ssa.gov/pubs/EN-05-10031-2018.pdf. We pay Social Security benefits monthly. The benefits are paid in the month following the month for which they are due. For example, you would receive your July benefit in…
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Replace Social Security 1099 Using My Social Security Portal

by mickiedouglas @ Social Security: Information & Updates

Time is growing short to file your income taxes for 2017. Are you worried because you need your 1099 for Social Security benefits and you can’t find it? Worry no more. Social Security has made replacing a lost 1099 as easy as signing on to your my Social Security account. Don’t have a my Social…
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Changing Direct Deposit

Changing Direct Deposit


Social Security: Information & Updates

Q: How long will it take Social Security to change my direct deposit account? A: This depends on computer processing dates during the month, your payment date and when you contact Social Security t…

Make 2018 the Year You Keep Your New Year’s Resolutions

by Jordan Ottaway @ Neighborhood Credit Union

By Jordan Ottaway “This is my year.” “This year will be different.” “I’m going to make my new year’s resolutions and follow through with them.” Sound familiar? According to U.S. News, around 80 percent of New Year’s resolutions fail by the second week of February. With that being said, how’s your resolution going? If you […]

Valentine’s Day Doesn’t Have to Break the Bank

by Jordan Ottaway @ Neighborhood Credit Union

  By Jordan Ottaway January is almost over. (Crazy, right?) That means that Valentine’s Day is upon us. Now before you go scheduling a hair appointment or getting your suit pressed, I wanted to show you that you don’t have to bust your budget in order to have a romantic Valentine’s Day. This is a […]

Should You Offer a Nonqualified Deferred Compensation Plan?

by Mike Kappel @ Payroll Tips, Training, and News

You know employees like employer-sponsored benefits. As an employer, offering benefits is advantageous for your business, too. A nonqualified deferred compensation plan is one type of benefit that both you and your employees can enjoy. Find out what a nonqualified deferred compensation plan is, why you might consider offering it, and how to set it […]

The post Should You Offer a Nonqualified Deferred Compensation Plan? appeared first on Payroll Tips, Training, and News.

What Is an FEIN?

by Mike Kappel @ Payroll Tips, Training, and News

When you run a business, you must meet many IRS requirements. You might need an FEIN to identify your business on documents like payroll tax forms. What does FEIN mean? What is an FEIN? FEIN is an acronym for Federal Employer Identification Number, also known as an EIN. This unique, nine-digit number is used by […]

The post What Is an FEIN? appeared first on Payroll Tips, Training, and News.

Do You Know How Social Security Is Funded?

by mickiedouglas @ Social Security: Information & Updates

Do you know how Social Security is funded? During your working years, you have a deduction from your wages called FICA (Federal Insurance Contribution Act). It is withheld to fund the Social Security and Medicare programs. The current rate of withholding is 7.6 %. Your employer pays an additional 7.65%. The deduction goes toward funding…
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Top Questions You Asked About Social Security In 2017

by mickiedouglas @ Social Security: Information & Updates

Many of you asked the same or similar questions about Social Security during 2017 (and continuing into 2018). I thought I would bring those topics together in one place. 1) The most frequently asked question was about the scheduling of Social Security and SSI payments. We have an easy-to-use Fact Sheet which shows for all…
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Why You Need to Automate Your Savings

by Jordan Ottaway @ Neighborhood Credit Union

Published January 18, 2018 By Jordan Ottaway Saving money. It’s something many want to do but can’t seem to get in the habit of doing. Life, bills, and other expenses seem to take the forefront leaving a small portion left over that might end up in your savings account. Because people have many financial obligations […]

How do I update my direct deposit account in ADP?

How do I update my direct deposit account in ADP?


Shiftgig

Changes to your deposit account may take up to two pay cycles for changes to take effect. Make sure to retain access to your old account for two full weeks after updating your account.To update yo...

Correcting Employment Taxes: What to Do If You Withhold the Wrong Amount

by Rachel Gray @ Payroll Tips, Training, and News

It’s easy to make mistakes, especially when you have a million and one things on your plate. One error you could make is deducting the wrong amount from employee wages. Correcting employment taxes is necessary if you withhold too much or too little from your employees’ paychecks. This article provides an overview of employment taxes […]

The post Correcting Employment Taxes: What to Do If You Withhold the Wrong Amount appeared first on Payroll Tips, Training, and News.

2018 Retirement Maximum Benefit

by mickiedouglas @ Social Security: Information & Updates

As you plan to retire, one of the most important things to know is how much you’ll receive from Social Security each month. You can use your my Social Security account to get estimates for yourself. (If you don’t have an account and need one or need to visit your account, use this link: www.ssa.gov/myaccount/.)…
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How to Calculate a Raise

by Rachel Gray @ Payroll Tips, Training, and News

Employees have money on their minds. According to a Gallup poll, 59% of employees were not completely satisfied with their current pay. And, one SHRM survey found that 44% of respondents said they would leave their job to make more money elsewhere. To avoid losing their top employees, many businesses offer pay raises. Learn why employee […]

The post How to Calculate a Raise appeared first on Payroll Tips, Training, and News.

How long does it take for my payment to arrive?

How long does it take for my payment to arrive?


CD Baby Help Center

The time it takes for your payment to arrive really depends on the payment method you chose. If you haven't received the payment yet, there are a few reasons why that might be.Paper Check:ETA: W...

What You Need to Know About a Qualifying Life Event

by Rachel Gray @ Payroll Tips, Training, and News

Employees have a window of time each year to sign up for certain types of employer-sponsored insurance. Although this open enrollment period takes place at the end of each year for all employees, an employee can add or remove coverage at any time of the year if they have a qualifying life event. What is […]

The post What You Need to Know About a Qualifying Life Event appeared first on Payroll Tips, Training, and News.

Avoid Scams This Tax Season

by Jordan Ottaway @ Neighborhood Credit Union

Published February 7,2018   It’s that time of year again. Americans are gathering their W-2s and other documents needed to file their taxes with hopes of getting a nice little refund. Unfortunately, with tax season comes the scammers hoping to swindle as many people as possible. Here’s a list of popular scams and key factors […]

We’re Giving Away $1,000 Every Week

by Jordan Ottaway @ Neighborhood Credit Union

You read that right. If you don’t follow us on Facebook, we posted a video towards the first of January announcing that, in honor of the 10th anniversary of our Prize Savings Account, we are awarding $1,000 every week. We will go live on Facebook Live every Friday at Noon to announce that week’s winner. […]

Time needed to process a payroll

Time needed to process a payroll


Gusto

If you're paying your employees through direct deposit, you'll want to run your payroll 4 business days (excluding weekends and bank holidays) prior to your employee payday due to the standard Auto...

4 Things You Didn’t Know About Car Buying

by Kristen Wiley @ Neighborhood Credit Union

Published March 7, 2018 So, you’re looking to buy a new car. Whether this is your first time or not, you’re probably already dreading the legwork and dealing with the salespeople at the dealership. Despite what you’ve heard or experienced in the past, you don’t have to spend countless hours at dealerships. Go online and […]

Take Spring Cleaning Beyond Your Home

by Jordan Ottaway @ Neighborhood Credit Union

Published March 21, 2018 By Jordan Ottaway Yesterday was the first official day of spring, and I bet spring cleaning is on your mind. As you’re going room to room, don’t forget that spring cleaning can go beyond your attic that hasn’t been organized in years. How often do you set up a budget, automatic […]

Neighborhood Credit Union Presents Children’s Health with $56,000

by Jordan Ottaway @ Neighborhood Credit Union

  DALLAS, Texas—A small donation can go a long way. Neighborhood Credit Union leaders saw that first hand when they presented Children’s Health with a check for $56,850 as a result of its Skip-A-Payment program. Neighborhood CU allows its members to skip a loan payment during the holidays in return for a small donation. The […]

Consult This Employee Termination Checklist to Keep Things Running Smoothly

by Rachel Gray @ Payroll Tips, Training, and News

Employees leave companies every day to pursue growth opportunities, accommodate personal lives, or experience change. As an employer, you hope employees won’t leave your business, but you know this is wishful thinking. When an employee resigns, you need to know what to do. The average annual overall turnover rate is 19%, according to SHRM. If […]

The post Consult This Employee Termination Checklist to Keep Things Running Smoothly appeared first on Payroll Tips, Training, and News.

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