Payroll Deductions

Pay yourself first before you
pay everyone else.

One of the best perks for FedEx employees is the ability to have a portion of their paycheck automatically take care of the most important things first. Payroll deduction is the most convenient way to make loan payments or save money. It allows FedEx employees to have a “set it and forget” option to automatically split their FedEx paycheck into one or more FECA accounts.

To start, change, or stop FedEx Payroll deductions, simply fill out & return the Payroll Deduction Form.

How Payroll Deduction Works

Payroll deduction allows you to have a portion of your payroll check deducted and sent to FECA. Payroll deductions can be divided among as many FECA accounts as you want. Combined with Direct Deposit, you can make loan payments, as well as divide your money directly into your Savings, Holiday Club, Youth Accounts, and put the rest into your main Checking.

The Benefits of Payroll Deductions

Loan Payments

Make an automatic loan payment, so you are never late. Since the money comes directly from your paycheck, you.

Save More Money

Payroll deduction is a convenient way to maintain your savings goals.

Youth or Family Members

You can direct a portion of your paycheck to a child, spouse, or any family member’s separate account.

Holiday & Vacation Clubs

Make your holiday saving easy by setting aside a portion of your paycheck.

Pay Bills

Payroll Deduction can be a great way to make sure your bills are paid on time, every time. You can set aside money into a separate account each month to ensure your recurring bills are always covered. Combined with Bill Pay, bill paying is much less stressful.