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