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eTrain: New Federal Rules for Garnishments & Federal Benefit Payments
The U. S. Treasury issues federal benefit payments to citizens every year. Many of these payments are necessary to provide for the basic needs of retirees, and children and spouses of decedents. Other payments are for those with physical or other types of impairments that would make earning a living difficult or impossible.
Since a garnishment or levy on these payments can leave these people without any means of support, the Treasury has moved to provide protections for some of that income.
In this program, credit union compliance expert Mary-Lou Heighes will update you on these new rules. You will learn:
- The types of payments to which this rule applies
- They type(s) of garnishments not subject to the rule
- How the calculation of exempt funds is handled
This webinar is designed only to address the new federal rule. Existing state laws may still be relevant as well.
Who Should Attend?
Credit union professionals who process or oversee garnishment orders, especially in these positions:
- Internal Auditor
- Member Service
Meet the presenter, Mary-Lou Heighes:
As President of Compliance Plus, Inc., Mary-Lou Heighes provides compliance, training and consulting services to credit unions. She is a CUNA-certified Credit Union Compliance Expert, and a frequent instructor at CUNA conferences such as Regulatory Compliance School. Mary-Lou writes articles for Credit Union Magazine, CU Executive and CU Exec Online and is the author of Understanding Regulations, part of CUNA’s Volunteer Achievement Program series.
Prior to starting Compliance Plus, Mary-Lou worked for seven years in the California Credit Union League's Research and Information Department where she answered credit union compliance and operational questions on the Research and Information Hotline. She also wrote the TIPs bulletins about the statutory and regulatory changes that affect credit unions.
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first class ticket to Internet training, eTrain is designed
just for credit unions. You and your staff dont even
have to leave your office; the training comes to you! An
Internet connection and a separate phone line is all you
eTrain Webinars are a convenient and cost effective way of bringing quality education to your credit union. The PowerPoint slides are delivered through the Internet, and the audio portion of the program is delivered through your computer or a separate phone line.
eTrains Webinar Series: Quality education brought
to your credit union at a low cost.
Want to know more about all the upcoming eTrain webinars?
Just call the League at (800) 472-1702, option 2.
ARCHIVED WEBINAR PURCHASING REQUEST
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