IRA Provider Insights

Making Sense of the Uncashed Check Dilemma

Posted by Daniel McFarland on Dec 9, 2015 10:15:18 AM

Uncashed retirement plan checks have posed a problem for service providers and plans sponsors for years, and still there has yet to be a clear solution from the Department of Labor or the IRS. When retirement plans checks go uncashed, it creates greater liability and additional labor costs for plan sponsors and service providers alike.

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Topics: Automatic IRA Rollovers, Uncategorized, Plan Terminations