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Child Support: What Payroll Doesn’t Know Can Hurt You
Employers are legally required to deduct Child Support payments from their employees and sub-contractors’ salaries or wages if we ask them to.
This webinar focuses on child support garnishments and includes best practices for processing child support in a payroll department. The webinar includes the rules and regulations governing child support as well as calculation examples.
Employers play an essential role in ensuring that children are financially supported by noncustodial parents. To bring a national standard to child support withholding laws, the Federal government has enacted laws that require states to adopt certain rules when setting their own standards for implementing child support requirements. These requirements include deadlines for withholding and remitting payments, filing procedures, and penalties and fines for violations. But the states are free to set up their own rules and regulations as long as they fall within those guidelines and many do differ from the minimum federal requirements. Payroll departments must know both the federal laws and the state laws and must determine which one applies to the child support withholding order.
In addition to these laws and regulations, the federal rules now require that a standard Income Withholding Order (IWO) be used for all child support withholding garnishments. This webinar will review this form and its requirements. And although the IWO can include all the information necessary to comply with the order, employers must familiarize themselves with both federal and state regulations to avoid penalties and liabilities. In addition, state law may address some issues the federal law is silent on such as allowing for the collection of administration fees and how to calculate child support withholding when the employee does not have enough money to cover all support orders in effect. But withholding monies for child support is not the only requirement that applies to providing for a child, medical support orders are required to be process by payroll as well. And these orders have their own rules and regulations on both the federal and state level. In addition, this webinar will give examples of calculating child support.
Why Should you Attend:
Attend this 90 minute presentation to learn the regulations and best practices for handling child support withholding orders within a payroll environment. The attendee will come away with knowledge on how to calculate child support in all types of scenarios including proration when the wages are insufficient to cover the withholding orders. In addition, the best practices for how to accept, acknowledge, process and pay over child support will be discussed.
Objectives of the Presentation:
· How to define child support garnishments
· The federal requirements a payroll department must know for child support
· How state requirements affect child support
· Specific requirements for child support, including deduction limits, deadlines, filing procedures, administrative fees, and penalties/fines for violations
· How to handle terminated employees in regard to child support
· Best practices for communicating with employees and issuing parties
· Which garnishment to take when an employee has current support orders, medical support orders, and arrearages
· Examples of how to calculate the withholding and prioritize the order of distribution when an employee has more than one type of garnishment
· Best practices for processing child support garnishments in the payroll department
· In-depth discussion of the latest (expires 5-31-2014) OCSE withholding notice.
Who can Benefit:
· Payroll professionals
· Human Resources
· Accounting Personnel
· Business Owners
· Any individual or entity that must deal with the complexities and requirements of withholding and paying over child support.
Online Compliance Panel LLC