Changes to Federal Benefit Payments: What NFs Need to Know 2

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The US Department of the Treasury issued a final rule in December 2010 announcing that all federal benefit and non-tax payments must be paid electronically. This webinar will discuss how providers can comply with the new regulation in their facilities with their residents. This is a one-hour webinar but we have scheduled additional time for questions as needed

Learning Objectives:

1) Understand new rules requiring federal benefit payments to be made electronically by 3/1/13;

2) Learn how the rules will affect NF's current benefit deposit procedures;

3) Identify the role of financial institutions;

4) Discuss various NF scenarios and understand the actions necessary for compliance; and

5) Know how NF's can help convert residents funds to direct deposit.

Bill Smith

Co-founder, Chairman and CEO, XYZ Inc.

Bill was an American entrepreneur and inventor, best known as the co-founder, chairman, and CEO of XYZ Inc. Through XYZ, he was widely recognized as a charismatic pioneer of the personal computer revolution and for his influential career in the computer and consumer electronics fields.

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Recorded 10/13/2013
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