This year, the holiday falls on Monday, Jan. 20. It's a federal holiday, which means government agencies, banks and many corporate offices will closed for the day.

The nation will honor Dr. Martin Luther King, Jr. on Monday as part of a National Day of Service to pay tribute to his legacy. The day is marked each year by a federal holiday when many businesses close.

Family and others carrying on Martin Luther King Jr.'s legacy of equality, justice and nonviolent protest want Americans to remember that Monday's holiday is really about helping others.

Find out what government offices and other services are closed or have altered schedules for Martin Luther King Jr. Day, Jan. 20, in the Los Angeles area.

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As the nation pauses to remember Dr. Martin Luther King, Jr. and his legacy to the United States, the stock markets in the country will close for the day. The New York Stock Exchange will close for a long weekend after normal trading hours on Friday,

Monday is both Inauguration Day and Martin Luther King Jr. Day. Why it matters: The U.S. Postal Service, stock markets, banks and many schools are closed for the federal holiday, but not because it's the day President-elect Trump is sworn in as the 47th president.

∎ Dr. Martin Luther King Jr. Community Celebration: Come hear the words of civil rights icon Ruby Bridges at the Spartanburg Memorial Auditorium, located on 385 N. Church St. The event will take place on Sunday, Jan. 19 at 3 p.m.

Retail stores, restaurants and many other businesses are open as usual, although some, including Patch, observe MLK Day as a paid holiday. This year, MLK Day falls on the same day