An extra paycheck month, also known as a bonus month, is a phenomenon that occurs when there are three paychecks in a given month. This can happen for several reasons, such as the way that a company’s pay schedule aligns with the calendar or the occurrence of a holiday that falls on a payday. In 2025, there will be two extra paycheck months: January and June. These months will have 21 working days, resulting in an extra paycheck for many employees.
Extra paycheck months can be a significant financial boost for individuals and families. They can provide an opportunity to save for unexpected expenses, pay down debt, or invest in the future. Additionally, extra paycheck months can help to smooth out cash flow and reduce financial stress.
