Thursday, March 31, 2011

When the Payment Date Is A Sunday

Ramon from California writes:
I receive my check on the 3rd of the month, which falls on Sunday. Will it be delivered on Saturday or Monday?

ANSWER: When the payment date is on a Saturday, Sunday, or a legal Federal holiday, the check will be dated for the first day before that is not a Saturday, Sunday, or legal Federal holiday. So this year the checks will be paid on Friday, April 1. Let's see if there's any April Fool's jokes in the envelope.

No comments: