The required procedures for handling garnishments on accounts containing federal benefit payments, including recent changes, are effective June 28, 2013. This program will explain all the procedures that must be followed when a garnishment or state tax levy is received against an accountholder who receives federal benefit payments. It will also cover deadlines that must be met, how to analyze the look-back period and calculating the protected amount. Participants will receive a copy of the final rule and a sample notice form.
Best for: Compliance Officers, Frontline, Operations, Tellers and CEOs
Available until: 12/31/2013