Marlene Mitten Garnishment Manager Hewitt Associates

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Creditor garnishments • Disposable earnings = gross minus deductions required by law (federal, state & local income tax, Social Security & Medicare, state unemployment or disability tax, and mandated payments for state employee retirement systems) • Wages already subject to withholding for child support orders, tax levies, or bankruptcy orders are not considered deductions required by law • Employer cannot terminate employment if employee’s “earnings have been subjected to garnishment for any one indebtedness”; watch state laws also
Creditor Garnishments State Regulations Include: • Amount Subject to Garnishment • Priority of Multiple Garnishments • Duration of Garnishment • Time Limits for Remitting Withheld Amounts • Administrative Fee & Penalties
Page 1 and 2: Marlene Mitten Garnishment Manager
Page 3 and 4: Two Types of Garnishments Involunta
Page 5 and 6: Involuntary Deductions Mandated by
Page 7 and 8: Recordkeeping & Tracking Log garni
Page 9 and 10: Federal tax levy Tax Levies • For
Page 11 and 12: Tax levies Only deductions in effe
Page 13 and 14: IRS Publication 1494 - 2010
Page 15 and 16: Tax levies • Employer should not
Page 17: Creditor garnishments Wage garnish
Page 21 and 22: Creditor Garnishments - Example 1
Page 23 and 24: Creditor Garnishments QUESTIONS ?
Page 25 and 26: Bankruptcy QUESTIONS ?
Page 27 and 28: Student loan collections Student l
Page 29 and 30: Student Loans & Federal Agency - De
Page 31 and 32: Federal Wage Hour Law Restrictions
Page 33 and 34: • Garnishments & Wage assignments
Page 35 and 36: Federal Wage Hour Law Restrictions

Marlene Mitten Garnishment Manager Hewitt Associates

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