Garnishments, liens and levies are a fact of life in payroll, and handling them is one of the most complex tasks payroll professionals face. This 90-minute wage garnishment training covers the basics, the different types and how to calculate them.
You'll learn about federal and state tax levies, child support, creditor garnishments, bankruptcy orders, student loans and wage assignments, and how to read, understand and evaluate each order. The session explains disposable income, the order of priority when an employee has multiple garnishments, how the Consumer Credit Protection Act (CCPA) works and how to deal with different jurisdictions.
It also covers employer rights and responsibilities, garnishments for former employees, and building a well-planned process that limits risk and cost.
WHY SHOULD YOU ATTEND?
Federal, state and local rules must be followed to the letter, and payroll staff worry about penalties and even personal liability. Most employers would rather not be involved in employees' personal debts, but they must process orders correctly.
This session suits payroll employees and managers, HR personnel, accounting managers, business owners and anyone who handles support orders.
AREA COVERED
- Fundamentals of liens, levies and garnishments
- Types of garnishments: federal and state tax levies, child support, creditor garnishments, bankruptcy orders, student loans and wage assignments
- Employer responsibilities
- Handling garnishments for employees who have left
- Disposable income and priorities with multiple garnishments
- What the CCPA is and how it works
- Addressing different jurisdictions
- Planning and best practices for a successful system
- Presenting ideas and working confidently with figures
LEARNING OBJECTIVES
- Explain the fundamentals of garnishments, liens and levies
- Read, understand and evaluate garnishment orders
- Calculate disposable income and apply priorities for multiple orders
- Apply the CCPA limits and handle different jurisdictions
- Identify employer rights and responsibilities in processing garnishments
- Build a planned process that limits risk and cost
WHO WILL BENEFIT?
- HR Personnel
- Team Leaders
- Payroll Employees
- Payroll Managers
- Business Owners
- Accounting Department Managers
- Personnel who handle support orders
- Anyone who wishes to increase their knowledge of child support and garnishments
Federal, state and local rules must be followed to the letter, and payroll staff worry about penalties and even personal liability. Most employers would rather not be involved in employees' personal debts, but they must process orders correctly.
This session suits payroll employees and managers, HR personnel, accounting managers, business owners and anyone who handles support orders.
- Fundamentals of liens, levies and garnishments
- Types of garnishments: federal and state tax levies, child support, creditor garnishments, bankruptcy orders, student loans and wage assignments
- Employer responsibilities
- Handling garnishments for employees who have left
- Disposable income and priorities with multiple garnishments
- What the CCPA is and how it works
- Addressing different jurisdictions
- Planning and best practices for a successful system
- Presenting ideas and working confidently with figures
- Explain the fundamentals of garnishments, liens and levies
- Read, understand and evaluate garnishment orders
- Calculate disposable income and apply priorities for multiple orders
- Apply the CCPA limits and handle different jurisdictions
- Identify employer rights and responsibilities in processing garnishments
- Build a planned process that limits risk and cost
- HR Personnel
- Team Leaders
- Payroll Employees
- Payroll Managers
- Business Owners
- Accounting Department Managers
- Personnel who handle support orders
- Anyone who wishes to increase their knowledge of child support and garnishments