Introducing Gusto Cashout

Gusto Cashout is an easy-to-use financial benefit for your employees.

Built right into Gusto Wallet, Cashout™ helps your employees cover unexpected expenses between paydays.

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Access to cash when they need it most.

Available within the Gusto Wallet app, Gusto Cashout1 gives employees access to money between paydays. It’s repaid automatically from their paycheck.

Cash out for free to a Gusto spending account.2
Smart limits to help protect employees.
Doesn’t affect your books or your payroll.
Funds available instantly with a Gusto debit card.

Surprise expenses can happen to anyone.

Credit card bills aren’t always in sync with payday. Cars don’t break down when it’s convenient. Life is unpredictable.

40% of Americans don’t have $400 to cover an emergency bill or expense.

25% of households making $100-150k per year can’t cover a $2,000 expense.

How it works

Employees access Cashout right in Gusto Wallet.

  • 1. Enter an amount

    Smart limits cap withdrawals at 40% of an employee’s paycheck³. Cashout can be used up to twice per month as long as the employee repays their first Cashout and continues to meet our Cashout eligibility requirements.⁴

  • 2. Confirm cashout

    Once employees choose an amount, they decide where they want the money deposited.

  • 3. Get cash

    Money is deposited into their bank account as soon as the next business day⁵, or instantly with the Gusto debit card.

An effortless way to support
your team’s financial health.

Gusto Cashout has no impact on your books or how you run payroll. It requires no extra work or additional cost for you to offer. Just a commitment to your team’s mental health and financial wellbeing.

Why Houston’s ‘Most Beloved Boss’ offers Gusto Cashout to her team at Citizen Pilates

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Peace of mind for both you and your team.

89% of Gusto Cashout™ users reported less financial stress.
If our staff isn’t stressed about payday, it offers them more time to focus on their tasks at hand.
It allowed me to be able to pay for emergency room and doctor co-pays while still being able to make my regular bills.
It definitely makes Gusto an easy choice for payroll.
73% of Gusto Cashout™ users said that it prevented a bank overdraft.
If my employees are happy and are able to access their money in an emergency then they are more successful at work.
85% of Gusto Cashout™ users said it prevented them from paying a bill late.
Payday is on the third but rent is on the first! It helps to keep from overdrawing my account!
52% of employees said Gusto Cashout™ would impact whether they accept a job.
Financial health

The first step towards a better financial future.

Gusto Cashout is just one part of our commitment to help employees build their financial health. On top of long-term savings like 401(k)s, we offer the free Gusto Wallet app with automatic savings, the Gusto debit card, and more.

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Still have questions? We have answers.

What is Cashout?

Gusto Cashout lets employees get money between paydays based on estimated accrued net wages. It’s a simple way for employees to cover expenses when savings aren’t enough, and funds are automatically paid back from the employee’s paycheck.

Is there extra bookkeeping work for my business?

Nope, Gusto handles Cashout and manages all the necessary recordkeeping. There’s no liability outstanding that employers would need to disclose. As a result, there’s no impact on your books, payroll, or accounting operations.

Which employees are eligible?

To be eligible, employees must receive a W-2, get paid through direct deposit, and be over 18. Currently, Gusto Cashout is available in all states except AZ, ND, NJ, VT, WV. Other requirements may apply.

The people platform

Manage your growing
team, all in one place.

Behind every successful business is a thriving team. Hire, pay, insure, and
support your employees with Gusto’s all-in-one people platform.
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Get your team working with Gusto.

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