Change Allotment Form PDF Details

Understanding the essentials of initiating, changing, or stopping allotments is crucial for members of the Army, Navy, Air Force, and Marine Corps, including contract surgeons. The Change Allotment form, backed by the authority of 37 U.S.C. Section 701, serves this very purpose, ensuring that the financial allocations of service members align with their current desires and needs. This form not only facilitates the distribution of payments via the Federal Reserve banks to authorized financial organizations but also adheres to strict privacy guidelines to safeguard personal information. Disclosure of information from the form is typically directed towards a range of governmental bodies for uses that can span from civil to criminal law enforcement. Completing the form is voluntary, yet not providing the requested details may restrict one’s ability to manage allotments effectively. The spectrum of uses for this form, from dependent support to payment towards debts or insurance, underscores its versatility in financial planning and obligations. Furthermore, the form embeds a commitment from the service member to ensure the accuracy of the information and to proactively manage the allotment process, including the resolution of any issues post-distribution. This document, underpinned by a legal framework, mandates a comprehensive understanding from those completing it to avoid unintended consequences, particularly relating to overpayments and the legalities of what the allotment can be used for.

QuestionAnswer
Form NameChange Allotment Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesdd form 2558 allotment form, 2558, dd form 2558 army form, dd form 2558

Form Preview Example

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5287,1( 86(6 To the Federal Reserve banks to distribute payments made through the direct deposit system to financial organizations or their processing agents authorized by individuals to receive and deposit payments in their accounts. It may also be disclosed to the Treasury Department, Internal Revenue Service, Social Security Administration, Department of Veterans Affairs, Federal, state and local agencies for civil or criminal law enforcement. Additional routine uses may be found in the applicable system of records notices: T7340, Defense Joint Military Pay System-Active Component; M01040-3, Marine Corps Manpower Management Information System Records; and T7347b, Defense Military Retiree and Annuity Pay System Records. They can be found at http://dpcld.defense.gov/Privacy/SORNsIndex/DOD-Component-Notices/

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STATEMENT OF UNDERSTANDING

I understand that this allotment is legal and that by voluntarily completing this form, I am responsible for:

-Ensuring that the information is correct;

-Reviewing my Leave and Earnings Statement to ensure the allotment stops, starts, or changes as directed including amount and payee;

-Collecting overpayments from the receiver (payee) of the allotment, if I do not change or stop the allotment after a loan is repaid;

-Contacting the receiver (payee) of the allotment, at my expense, to obtain monthly statements for my personal records.

I also understand that any problems once the allotment is delivered to the receiver (payee) are beyond the control of the Defense Finance and Accounting Service (DFAS) and that DFAS is only responsible for ensuring proper delivery of any voluntary allotment for the period directed.

I further understand that pursuant to conditions listed in the DoD 7000.14-R, Volume 7A, changes can be made by DFAS to an allottee's name, address, or account number.

Under penalty of the Uniform Code of Military Justice, I certify that this allotment is NOT for the purchase, lease, or rental of personal property or

payment toward personal property.

6,*1$785(2)$//277(5

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127( Must be different address than allotter. Each dependent allotment must have a different credit line. Only one support allotment per

dependent is allowed.

127( This is a voluntary allotment and can be to any payee you desire.

'')250 DEC 2017 PREVIOUS EDITION IS OBSOLETE.

ADOBE PROFESSIONAL X

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