Remainder allocation
In a split or payroll-allocation setup, the account designated to receive whatever is left of your net pay after the fixed-amount or percentage splits are funded. Naming one account as the remainder ensures every cent is deposited even when the total varies pay to pay.
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How to split your paycheck across multiple accounts
To split your paycheck across multiple bank accounts, ask payroll to set up split direct deposit and tell them how to divide each check — by a fixed dollar amount, a percentage, or a remainder account that catches what is left. It puts savings on autopilot, dividing the money before it reaches your spending account.
Direct deposit allocation across multiple accounts
Direct deposit allocation is the set of rules payroll follows to divide one employee's net pay across multiple bank accounts. Each account has a method — flat amount, percentage, or balance (remainder) — and a priority that sets the order payroll funds them, with one balance account receiving whatever net pay is left.