Trump aiming for late-September launch of payroll tax deferral for federal employees

Published: Sept. 2, 2020, 11:46 a.m.

President Donald Trump signed an executive order early last month calling for employers to defer withholding and payment of a portion of their employees' Social Security taxes. The order was billed as a way for employees to save a little more for the end of the year. Now the nation's largest employer - the federal government - will do so later this month. Federal pay roll services providers are preparing right now. For more, Federal News Network's Nicole Ogrysko joined Federal Drive with Tom Temin.\nLearn more about your ad choices. Visit megaphone.fm/adchoices