With the recent launch of PeopleSync, you will notice the following changes to how you access and manage your Payroll information:
You can now:
- Manage your direct deposit in PeopleSync.
- Select up to five direct deposit accounts for your pay.
- With your first pay date in April and going forward, you will be able to view your payslips in PeopleSync - additional passwords are no longer required.
- Payslips issued prior to April 2014, will still be accessible via the Payment Image Viewing Tool in NYUHome.
- You will no longer receive an email notification alerting you when your pay advice is available. You can log in to PeopleSync on your pay date to view your latest payslip.
To access PeopleSync, log in to NYUHome and click PeopleSync under the Work tab.
For more information about PeopleSync, including videos and tip sheets, please visit www.nyu.edu/peoplesync.
For questions regarding PeopleSync or your pay, please contact PeopleLink, NYU's integrated HR and Payroll service center.
Phone: 212-992-LINK (5465)
Hours: Monday - Friday 8am - 6pm
April 1, 2014
ePRINTVIEW electronic 2013 Form W-2’s are now available for those who opted into the service by the January 15, 2014 deadline.
Employees who did not consent to the service by the deadline will receive a paper Form W-2 via the US Postal Service which is mailed on January 31, 2014 per IRS regulations.
To access an original 2013 Form W-2 online:
Login to the Work tab on NYUHome
Locate the NYU Online W-2 Channel
Click the Online W-2 button
Click on the 2013 W-2 Form link
Follow the ePRINTVIEW prompts to print your Form W-2
Feb 14, 2014
The following Tax Updates take effect January 1, 2014:
Social Security and Medicare Rates and Wage Base:
For 2014, the Social Security tax rate is 6.2% unchanged from 2013 with a wage base limit of $117,000, the maximum employee contribution is $7,254.00. The Medicare tax rate is 1.45% also unchanged from 2013. There is no wage base limit for Medicare tax.
Additional Medicare Tax:
In addition to withholding Medicare tax at 1.45%, as of 2013 there is 0.9% withholding on wages in excess of $200,000 in a calendar year.
Supplemental Wage Payment - Flat Withholding Rates:
Supplemental wages are wage payments to an employee that are not regular wages. They include, but are not limited to, bonuses, commissions, premium pay, vacation payout, sick payout, severance pay, awards, prizes, back pay, retroactive increases, non-deductible moving expenses, taxable fringe benefits, etc. The 2014 flat tax rates are as follows:
Federal = 25%
Federal = 39.6% (supplemental wages exceeding $1 million in a calendar year)
State (NY) = 9.62%
Local (NYC) = 4.25%
For Federal tax purposes, individuals of the same sex are considered married if they were lawfully married in a state (or foreign country) whose laws authorize the marriage of two individuals of the same sex, even if the state (or foreign country) in which they now live does not recognize same-sex marriage.
Jan 1, 2014