Fiscal Dates

Martin Luther King Jr. Day 2024

United States · Monday, January 15, 2024 · FM4, Q2 of FY2024

Mon
Weekday 2024
FM4
Fiscal Month
Q2
Fiscal Quarter
259d
To FY2024 Year-End
Country
United States
Calendar date 2024
2024-01-15 (Monday)
Fiscal year
FY2024 (open year)
Fiscal month / quarter
FM4 of 12 · Quarter Q2 · printable monthly template
Source
OPM federal holidays

About Martin Luther King Jr. Day

Third Monday in January, federal holiday honouring civil rights leader Martin Luther King Jr. Banks and federal offices closed; markets closed.

This page is the 2024-specific edition: it shows the actual weekday, the observed date if a weekend rule applies, and the placement of the holiday inside the United States fiscal year that contains it. For the canonical, year-agnostic overview see the main Martin Luther King Jr. Day page.

2024 weekday and observance

In 2024, Martin Luther King Jr. Day falls on Monday, January 15. Falling on a Monday, this holiday compresses the work week to four days and pushes any month-end activity that would normally close on Monday into the following day. Plan for late-Tuesday banking value dates.

No weekend-shift rule applies in 2024 because the holiday falls on a regular weekday. Both the calendar date and the observed date are Monday, January 15, 2024. Treat it as a non-working day in payroll, vendor payment scheduling, and any business-day calculation that drives accruals or settlement.

Where it lands in FY2024

For organisations on the United States fiscal calendar, Martin Luther King Jr. Day 2024 sits in fiscal month 4 (FM4), inside quarter Q2 of FY2024. From this date, you have approximately 259 days remaining until fiscal year-end on September 30, 2024. That distance matters because year-end close planning typically begins 60 to 90 days out — meaning if FYE is within that window, this holiday already sits inside the close-planning runway and any client-facing or vendor-facing deadlines that touch it should be pre-cleared rather than rescheduled later.

For the same holiday in adjacent fiscal years see: Martin Luther King Jr. Day 2023 · Martin Luther King Jr. Day 2025 · Martin Luther King Jr. Day 2026

Operational impact for finance teams

For finance and operations teams, Martin Luther King Jr. Day 2024 reduces the working-day count for FM4 by one. If the holiday falls within two business days of a fiscal month-end, expect downstream impact on accrual timing (revenue cutoff, inventory counts, AP cutoffs) and on banking value dates. Wire transfers and ACH/Faster Payments typically settle the next business day; international wires may slip two days when both origin and destination observe the holiday. See our guide on mapping holidays to fiscal months for a worked example of folding observance dates into the close calendar.

If your business operates payroll on a biweekly cadence aligned to the OPM federal schedule, check the 2024 pay period schedule for the pay period containing this date — the payday for that period may shift to the preceding business day.

Other holidays in January 2024

Cross-references