Payroll

Both departments and their employees play a role in proper payroll management at Princeton. The resources found in this section cover the ins and outs of making sure employees are paid on time and in the correct amount each pay period, while also covering special topics of concern to each party.

Finance and Treasury’s GDPR Notice contains information about how and why Princeton collects your personal data, and what we do with it.

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**Memorandum on Payroll Tax Deferral September 2020 - December 2020**

On August 8, 2020, a Presidential Memorandum was issued allowing U.S. employers the option to defer withholding and payment of an employee’s portion of the Social Security tax for employee’s with wages below $104,000 per year.  This tax deferral option is effective for the period September 1, 2020 through December 31, 2020, but would have to be withheld from employees’ wages and paid by May 1, 2021 to avoid penalties and interest. We believe that deferring taxes now to be collected early next year does not provide a meaningful benefit to our employees.  Therefore, the University has decided not to participate in this program.  

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Disclaimer: Feel free to contact the Payroll Services Team at payroll@princeton.edu with questions related to your paycheck, or visit our website for assistance with more general inquiries. However, please note, our team cannot offer assistance or advice related to your personal taxes, or assist with determining how much withholding to elect on the IRS W4 Form. For assistance with completing the W4, please view the IRS Tax Withholding Estimator. For personal income tax questions, seek professional tax guidance. 

For inquiries sent to payroll@princeton.edu, please allow 5 to 7 business days for a response.