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In this lesson, the teacher discusses the direct deposit form, which allows workers to have their paychecks deposited directly into their bank accounts instead of receiving paper checks. To complete the direct deposit authorization form, the following information is required: the individual's name, address (including street, city, and state), and zip code. An example address given is 614 Douglas Park, Louisville, Kentucky. The teacher emphasizes the importance of providing accurate information to ensure successful direct deposits.