- Posts: 31
- Joined: Fri Mar 02, 2018 12:01 am
Does the distribution of a portion of the plan participant's benefits under a plan constitute a garnishment of such participant's wages as defined under federal or state law?
- Posts: 29
- Joined: Thu Mar 01, 2018 10:15 pm
No. According to §206(d)(3)(M) of ERISA, benefit payments made to alternate payees under the terms of a QDRO do not constitute a garnishment for purposes of §303(a) of the Consumer Credit Protection Act.