federal_register: 2013-12567

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2013-12567 Garnishment of Accounts Containing Federal Benefit Payments Rule Treasury, SSA, VA, RRB and OPM (Agencies) are adopting as final an interim rule to amend their regulation governing the garnishment of certain Federal benefit payments that are directly deposited to accounts at financial institutions. The rule establishes procedures that financial institutions must follow when they receive a garnishment order against an account holder who receives certain types of Federal benefit payments by direct deposit. The rule requires financial institutions that receive such a garnishment order to determine the sum of such Federal benefit payments deposited to the account during a two month period, and to ensure that the account holder has access to an amount equal to that sum or to the current balance of the account, whichever is lower. 2013-05-29 2013 5 https://www.federalregister.gov/documents/2013/05/29/2013-12567/garnishment-of-accounts-containing-federal-benefit-payments https://www.govinfo.gov/content/pkg/FR-2013-05-29/pdf/2013-12567.pdf Personnel Management Office; Railroad Retirement Board; Social Security Administration; Treasury Department; Fiscal Service; Veterans Affairs Department 406,444,470,497,585,520 Treasury, SSA, VA, RRB and OPM (Agencies) are adopting as final an interim rule to amend their regulation governing the garnishment of certain Federal benefit payments that are directly deposited to accounts at financial institutions. The rule...  

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