December 12th, 2003

nuke

WTF?

I logged in to my bank account this morning to do the usual scoot-money-around thing after receiving a paycheck. I've written about this before... I shuffle so much to savings, so much to the other account for rent and utilities, so much set aside for general expenses like groceries and gasoline with the remainder earmarked for bills. I was greeted with something that was a wee bit shocking to say the least -- according to my bank's records the direct deposit last night from Payroll was $464 more than normal.

Can somebody please explain this to me? Why is my paycheck almost $500 more than it should be?

Great, now I'm going to be really nervous until I can get my paystub and give it a good look-over because I need to see where this magical mystery cash came from. I don't want this to be a mistake on payroll's part because then I would have to give it back or have the extra deducted from my paycheck on the 26th, and that would make me sad.

I'm going to keep my fingers crossed that it's something simple like a bonus, because I can certainly put that $464 to good use by applying it towards any number of things.
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ashryn-enthusiastic

Aha...

Having received my paycheck I was able to figure out what went wrong (or "right," if you want to look at it that way) with today's paycheck. The reason I have more money in this paycheck is because I reached the maximum allowable deduction of $12,000 for my 401(k) plan on the last pay cycle. Having hit that maximum Payroll halted the deduction and rolled the money into my regular deposit. This is cool because it means I'll get some more "extra" cash coming to me on this year's final paycheck as well, yielding a total unexpected windfall of over $800! Woohoo!