Martin Luther King Jr. Day

United States · January 20 · Fiscal month FM4 · Quarter Q2

Country

United States

Date

January 20

Falls in fiscal month

FM4 of United States fiscal year

Falls in fiscal quarter

Q2

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.

Where it lands in your fiscal year

For organisations operating on the United States fiscal calendar, Martin Luther King Jr. Day falls in fiscal month 4 (FM4), inside quarter Q2. Treat the date as a non-working day in payroll calendars, exclude it from business-day counts when scheduling close milestones or accrual postings, and check vendor terms for any "next business day" payment clauses that would shift settlement.

If the holiday falls on a weekend, observance rules vary: the United States federal government observes the nearest preceding Friday or following Monday; the United Kingdom typically grants a substitute weekday. Check the country's official observance rules before locking payroll runs.

Operational impact for finance teams

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

Open the calendar

See this holiday highlighted in context on the printable monthly template:

Open January template →   Full United States fiscal year →

Year-by-year observance

Pick a specific year to see the actual weekday, weekend-observance shift (if any), and where the holiday lands inside that year's fiscal quarter:

Other holidays in United States

• January 1 — New Year's Day
• February 17 — Presidents' Day
• May 26 — Memorial Day
• June 19 — Juneteenth
• July 4 — Independence Day
• September 1 — Labor Day
• October 13 — Columbus Day
• November 11 — Veterans Day
• November 27 — Thanksgiving Day
• December 25 — Christmas Day