You may have to wait to cash the check until after payday since your payday falls on a day when banks are closed.
He receives checks from some renters on the 28th or 29th of the month that are dated for the first of the next month.He suspects his tenants do this to keep him from cashing their rent checks before they’ve been paid, so their rent checks don’t bounce.In many states, including California and Hawaii, your employer cannot post date your payroll check.Furthermore, in California your employer must write the check against a bank that does not charge a check cashing fee.However, even if your employer does post date your check, you can often negotiate your check on the day that you receive it.
Most states have laws that require your employer to pay you at least once or twice a month.
“In short,” says Mathew Dahlberg, a financial advisor at Main Street Investments in Kansas City, Missouri, “if you don’t have the money in your checking account, then don’t write the check!
” Spencer Tierney is a staff writer at Nerd Wallet, a personal finance website.
In many instances, paydays fall on the same day each month, and many employers use the 15th and the last day of the month as paydays.
However, if payday falls on a weekend or federal holiday, your state laws may require your employer to give you a paycheck before the normal payday.
Every state has its own laws that protect the rights of workers to receive wages for hours worked.