Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products September 8, 2011
New Smartphone App Can Give Employees Instant Raise
September 8, 2011 (PLANSPONSOR.com) – The American Payroll Association (APA) launched a Paycheck Maximizer smartphone application to help workers potentially add hundreds of dollars to their paycheck instantly.
Reported by Tara Cantore
The free application helps workers properly fill out a Form W-4 to better match the taxes withheld from each paycheck with their actual tax liability.
According to a press release from the APA, last year the average tax refund was over $3,000, an overpayment of more than $250 a month in taxes. The Paycheck Maximizer app will make it easier for America’s workers to more accurately fill out their Form W-4 to put the money back in their paycheck.
The free app is available for iPhone and Android smartphones. To download it, visit www.mypaycheck.org.