# Moving the Money Glossary

> 22 terms from the Workforce book's Moving the Money part, each defined in a line and linked to the chapter that explains it.

- **Administrative wage garnishment (AWG):** an order from a federal agency or the Department of Education, not a court, to withhold up to 15% of disposable pay for a non-tax debt or defaulted federal student loan, behind support orders ([Garnishments & Levies](https://www.syntaqx.com/books/workforce/garnishments-and-levies#federal-agency-and-student-loan-garnishment)).
- **Approval deadline:** the last moment an employer can approve a payroll and still make its check date, computed from the funding speed, the banking calendar and the provider's cutoff ([Funding a Payroll](https://www.syntaqx.com/books/workforce/funding-a-payroll#check-date-math-and-holidays)).
- **Cash requirement:** everything a provider will pay out on an employer's behalf for one pay run (net pay it sends, taxes and garnishments it remits), collected by the client debit; not gross pay ([Funding a Payroll](https://www.syntaqx.com/books/workforce/funding-a-payroll#what-a-pay-run-collects)).
- **Client debit:** the ACH debit (or wire) that collects a pay run's cash requirement from the employer's bank account before the provider pays out ([Funding a Payroll](https://www.syntaqx.com/books/workforce/funding-a-payroll#debit-timing-four-day-to-same-day)).
- **Client funds obligations:** the balance sheet liability for money a provider holds to pay clients' employees, agencies and other payees, carried at face while the funds held for them are carried at fair value ([Client Funds & Impound Accounts](https://www.syntaqx.com/books/workforce/client-funds-and-impounds#client-funds-obligations-on-the-balance-sheet)).
- **Consumer Credit Protection Act (CCPA) Title III:** the federal wage garnishment law: disposable earnings, the 25% and 30-times limits for ordinary debts, 50 to 65% for support, and no discharge for one garnishment ([Garnishments & Levies](https://www.syntaqx.com/books/workforce/garnishments-and-levies#disposable-earnings-and-the-ccpa-limits)).
- **Disposable earnings:** earnings left after deductions required by law (taxes, the employee's Social Security and Medicare, required state contributions and retirement); voluntary deductions are not subtracted ([Garnishments & Levies](https://www.syntaqx.com/books/workforce/garnishments-and-levies#disposable-earnings-and-the-ccpa-limits)).
- **e-IWO:** the federal child support office's electronic exchange through which employers receive income withholding orders and send acknowledgments ([Child Support Withholding](https://www.syntaqx.com/books/workforce/child-support-withholding#the-income-withholding-order)).
- **Exempt amount (levy):** the take-home pay an IRS wage levy leaves the employee each pay period, by filing status, pay period and dependents from Publication 1494 ([Garnishments & Levies](https://www.syntaqx.com/books/workforce/garnishments-and-levies#irs-levies)).
- **Funding speed:** the number of banking days between the client debit and the check date (four-day, two-day, next-day, same-day), a credit tier the provider assigns and can take away ([Funding a Payroll](https://www.syntaqx.com/books/workforce/funding-a-payroll#debit-timing-four-day-to-same-day)).
- **Funding strike:** a record of a failed payroll funding against an employer, counted toward lengthening its funding speed or removing it from the platform ([When the Debit Fails](https://www.syntaqx.com/books/workforce/failed-debits-and-recovery#recovery-from-the-employer)).
- **Grantor trust (client funds):** the trust structure some providers use to hold client payroll money, with a provider-owned, regulated trust bank as sole trustee ([Client Funds & Impound Accounts](https://www.syntaqx.com/books/workforce/client-funds-and-impounds#trust-accounts-and-trust-banks)).
- **Impound:** collecting a client's taxes and net pay ahead of the dates they are owed and holding them in a client trust account until paid ([Client Funds & Impound Accounts](https://www.syntaqx.com/books/workforce/client-funds-and-impounds#what-is-impounded-and-for-how-long)).
- **Income Withholding for Support (IWO):** the federal standard form (OMB 0970-0154) that orders an employer to withhold child support and says how much, to whom and under which state's limits ([Child Support Withholding](https://www.syntaqx.com/books/workforce/child-support-withholding#the-income-withholding-order)).
- **Laddering:** investing client funds in slices maturing period by period, so a fixed share is reinvested at current rates and yield lags rate changes ([Client Funds & Impound Accounts](https://www.syntaqx.com/books/workforce/client-funds-and-impounds#investment-policy-and-ladders)).
- **National Medical Support Notice (NMSN):** the notice requiring an employer to forward a child's health coverage order to its plan within 20 business days and withhold the employee's premium ([Child Support Withholding](https://www.syntaqx.com/books/workforce/child-support-withholding#medical-support-the-nmsn)).
- **Net pay split:** an ordered list of a worker's net pay destinations, each a fixed amount or percentage, with one remainder account, fixed at approval ([Direct Deposit, Pay Cards & Checks](https://www.syntaqx.com/books/workforce/paying-employees#splits-worked)).
- **Payroll card account:** a prepaid account established through an employer to receive wages, covered by Regulation E's prepaid rule and offered only as one choice among ways to be paid ([Direct Deposit, Pay Cards & Checks](https://www.syntaqx.com/books/workforce/paying-employees#payroll-cards-under-regulation-e)).
- **Recovery case:** the record of an outstanding balance from a failed client debit, with its retries, block on the next payroll and collection, until resolved by final money or a decision about the loss ([When the Debit Fails](https://www.syntaqx.com/books/workforce/failed-debits-and-recovery#how-the-platforms-do-it)).
- **Reverse wire:** a debit initiated by an embedded payroll provider against a partner platform's bank account to fund its customers' payroll obligations ([Funding a Payroll](https://www.syntaqx.com/books/workforce/funding-a-payroll#wire-prefunding)).
- **State disbursement unit (SDU):** the state office that receives withheld child support from employers, due within 7 business days of payday, and pays it to families ([Child Support Withholding](https://www.syntaqx.com/books/workforce/child-support-withholding#remitting-to-the-state-disbursement-unit)).
- **Unclaimed wages:** pay a worker never received (an uncashed check, a returned deposit, a pay card balance) that becomes reportable to a state after its dormancy period ([Direct Deposit, Pay Cards & Checks](https://www.syntaqx.com/books/workforce/paying-employees#uncashed-paychecks-and-unclaimed-wages)).

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