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Off Setting Overdrawn Acct. w/SS Deposits

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Question: 
What is the most current decision on a bank off setting an overdrawn account that gets Social Security deposits?
Answer: 

You cannot offset against Social Security payments. But it is not an offset to accept a direct deposit of SSA funds into an overdrawn account and cure the overdraft.

First published on BankersOnline.com 10/8/12

First published on 10/08/2012

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