Payroll Tax Executive Order

[32andBelow]

Also there’s no such thing as a high yield savings account anymore.

 

[CF]

So I gota ask. Where is everyone putting their deferred OASDI monies? Taking the safe route in a high yield savings account or playing the stock market game?

Craps table

 

[AnyTrafficPleaseAdvise]

So I gota ask. Where is everyone putting their deferred OASDI monies? Taking the safe route in a high yield savings account or playing the stock market game?

To the roulette table. All on black.

 

[AnyTrafficPleaseAdvise]

Also there’s no such thing as a high yield savings account anymore.

My interest rate went from 2.1 last February to 0.6 now

 

[32andBelow]

My interest rate went from 2.1 last February to 0.6 now

You can thank the fed for that.

 

[JackTBP]

You can thank the fed for that.

I still remember 5% on CDs, those were the days!

 

[Phillyman2633]

All on black.

How very 2020 of you.

 

[Here4thedrama]

So I gota ask. Where is everyone putting their deferred OASDI monies? Taking the safe route in a high yield savings account or playing the stock market game?

Strippers.

 

[32andBelow]

I just looked at my direct deposit I got today. I don’t think my tax was deferred

 

[tunwno]

I just looked at my direct deposit I got today. I don’t think my tax was deferred

Read the remarks. At the bottom.

 

[32andBelow]

Read the remarks. At the bottom.

Ok well I didn’t go to employee express but I know what amount I get every 2 weeks

 

[Balls2/H]

Ok well I didn’t go to employee express but I know what amount I get every 2 weeks

Me too! cause it's straight 80 🙁

 

[Mike Kilo]

Me too! cause it's straight 80 🙁

I’d love a straight stay at home 80!

 

[JNev]

So I just have to not spend this extra $210?

 

[Balls2/H]

I’d love a straight stay at home 80!

Meh it's alright. Not a stay at home dad type guy. Health issues the last 3 months have made it a small hell. Wife's family members passing hasn't made it fun. Work would be a nice distraction but no clue when I'm back. Don't worry, management says SOON!

 

[CF]

So I just have to not spend this extra $210?

Bro we must make the same amount! This is how much I set aside.

 

[JNev]

Bro we must make the same amount! This is how much I set aside.

So my rudimentary understanding is sometime in January or taxes season the $210 from each pay period this happens for will just be taken out of one paycheck eventually?

 

[Here4thedrama]

So my rudimentary understanding is sometime in January or taxes season the $210 from each pay period this happens for will just be taken out of one paycheck eventually?

It should start at PP2 and deduct each PP for the same amount of times it did this year. PP19-PP1 (deferred) and then PP2-PP10 (paid back). Not saying that’s how it will play out exactly, but it shouldn’t be a one check you lose 2k with no warning.

 

[JNev]

It should start at PP2 and deduct each PP for the same amount of times it did this year. PP19-PP1 (deferred) and then PP2-PP10 (paid back). Not saying that’s how it will play out exactly, but it shouldn’t be a one check you lose 2k with no warning.

I see, gracias

 

[AZNLUVR69]

Anybody know if they are taxing out the taxes now for the deferment?