In 1968, Congress passed the Uniform Monday Holiday Bill, which moved several federal holidays to Mondays. The goal was to give workers several three-day weekends throughout the year so families can spend more time together.
The U.S. government recognizes a total of 12 federal holidays – 11 observed annually and Inauguration Day observed every four years.
A federal holiday is a calendar date that is recognized and designated by the federal government as a holiday. This is a day when nonessential federal government offices are closed. State governments and private institutions such as banks are not required by law to close on federal holidays, though most do as a courtesy.
The first four federal holidays were established in 1870, when Congress passed a law allowing federal workers in the District of Columbia to take paid time off on New Year’s Day, Independence Day, Thanksgiving Day, and Christmas Day.
Federal, state, and other types of holiday — regardless of its initial purpose — are popular times to travel. After a year of travel restrictions, spending time outside is much needed for many people. This is the best place to enjoy the water in each state.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.