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> You way involves the employer making a deduction from each paycheck and then making an ACH payment for each employee to the institution of the employee's choo
by somethingsimple 10y ago
> You way involves the employer making a deduction from each paycheck and then making an ACH payment for each employee to the institution of the employee's choosing
How is that different from the ACH transfer done into each employee's bank account when paying their salaries?
- wj 10y agoPer my comment: "The way a company like Gusto could maybe do this is to store an employee's IRA account information like they do their bank information for direct deposit."