Description
Gain tips and tools needed to know how to stay compliant and process garnishments.
Garnishments are a requirement of doing business and having employees but juggling the different types of garnishments and federal and state laws can be exhausting. This program will give you the tips and tools to know how to stay compliant and process garnishments. We will talk about all the recent updates to Garnishment legislation due to the COVID19 pandemic, including what garnishments should stop and should continue, etc. We will also discuss the challenges and risks employers face when not properly handling garnishments, and review the impact the recent tax reform had on garnishments.
Learning Objectives
* You will be able to explain the CARES act and how it affect student loan garnishments.
* You will be able to identify the employer responsibilities.
* You will be able to recognize the proper order of garnishment priority when an employer receives multiple orders.
* You will be able to review lump sum reporting requirements and how to comply.
Child Support Review
• Employer Responsibility/Employee Protections
• Priority of Withholding/Multiple Orders
• Child Support Withholding Requirements
• Defining Income/Calculating Disposable Pay
• Lump Sum Payments
• Calculating Child Support Payments
• When to Remit Payments
• Administrative Fees
• Handling Terminated Employees
• E-IWO (Electronic Income Withholding Orders)
• Other Child Support Concerns
• Medical Support Orders
• Details of State Requirements
Levy Review
• Federal Tax Levies
• Forms
• Priorities
• Calculating Deductions
• Special Situations
• Remittance Requirements
• Voluntary Deductions
• Other Federal Garnishments
• Student Loans and the Cares Act
• State Tax Levies
• Requirements
• State Laws
• Creditor Garnishments
• Review of Consumer Credit Protection Act
AIPB ,CPP/FPC ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,HR Certification Institute ,CPE ,SHRM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Dayna J. Reum, CPP, FPC-Dayna J. Reum
