{"id":5140,"date":"2020-09-30T11:09:19","date_gmt":"2020-09-30T15:09:19","guid":{"rendered":"http:\/\/www.montclair.edu\/human-resources\/?p=5140"},"modified":"2020-09-30T11:09:19","modified_gmt":"2020-09-30T15:09:19","slug":"montclair-state-will-not-participate-in-the-social-security-tax-deferral-program","status":"publish","type":"post","link":"https:\/\/www.montclair.edu\/human-resources\/2020\/09\/30\/montclair-state-will-not-participate-in-the-social-security-tax-deferral-program\/","title":{"rendered":"星空无限传媒 Will Not Participate in the Social Security Tax Deferral Program"},"content":{"rendered":"<p>On August 8, 2020, President Trump signed an executive order allowing organizations the option to defer the employee portion of their Social Security taxes.\u00a0 The purpose of this communication is to advise you that 星空无限传媒 University is not participating in this program.\u00a0 The executive order and rationale for this decision are summarized below.<\/p>\n<p>The executive order allows the deferment of the employee portion of the Social Security taxes from September 1, 2020 through December 31, 2020 for employees who earn less than $104,000 annually.<\/p>\n<p>The President\u2019s Executive Order does not forgive the employee portion of the Social Security tax, it is deferred until January 2021.\u00a0 Therefore, in January, the employee would have double deductions for the employee portion of the Social Security tax for 4 months to make up for the missed deductions.<\/p>\n<p>The Social Security Tax Deferral program is optional and 星空无限传媒 University has opted to not participate in the Employee Social Security tax deferral program.<\/p>\n<h2>Questions?<\/h2>\n<p>For any other questions not addressed, please contact Workday Support at: <u><a href=\"mailto:wccsupport@montclair.edu\">wccsupport@montclair.edu<\/a><\/u> or 973-655-5000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 8, 2020, President Trump signed an executive order allowing organizations the option to defer the employee portion of their Social Security taxes.\u00a0 The purpose of this communication is to advise you that 星空无限传媒 University is not participating in this program.\u00a0 The executive order and rationale for this decision are summarized below. The [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5140","post","type-post","status-publish","format-standard","hentry","category-payroll-news"],"_links":{"self":[{"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/posts\/5140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/comments?post=5140"}],"version-history":[{"count":1,"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/posts\/5140\/revisions"}],"predecessor-version":[{"id":5141,"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/posts\/5140\/revisions\/5141"}],"wp:attachment":[{"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/media?parent=5140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/categories?post=5140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.montclair.edu\/human-resources\/wp-json\/wp\/v2\/tags?post=5140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}