Section 416.534 - Garnishment of payments after disbursement(a) Payments that are covered by section 1631(d)(1) of the Social Security Act and made by direct deposit are subject to 31 CFR part 212 , Garnishment of Accounts Containing Federal Benefit Payments.(b) This section may be amended only by a rulemaking issued jointly by the Department of Treasury and the agencies defined as a "benefit agency" in 31 CFR 212.3 .76 FR 9961, Feb. 23, 2011