Garnishments of Federal Benefit Payments: What a Banker Needs to Know 2024 | Michigan Bankers Association | 30 January 2024 | Webinar
Venue
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| Event Date |
Wed Jan 31 UTC (11 months ago)
In your timezone (EST): Tue Jan 30 7:00pm - Tue Jan 30 7:00pm |
| Location | Webinar |
| Region | All |
Details
On May 29, 2013, the U.S. Department of Treasury, along with several federal agencies including the Social Security Administration, the Department of Veterans Affairs, the Railroad Retirement Board, and the Office of Personnel Management, published the Rule on the Garnishment of Accounts Containing Federal Benefit Payments. The rule supersedes the laws of many states pertaining to how financial institutions process garnishments. It also impacts the processing of state and local tax warrants served on deposit customer accounts.
Participants will learn about the federal requirements and best practices used in processing garnishments on accounts containing federal benefit payments, as well as the areas where violations occur.
Who Should Attend
Compliance officers, legal counsel, and
Speakers
2024 Speaker
Terri D. Thomas
Director, Kansas Bankers Association Legal Department