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The Key to the Uncashed Checks Dilemma (PDF)
Millennium Trust Company 
Apr. 30, 2014
10 pages. Excerpt: "Many plan distribution checks are not received or acknowledged by the former employee ... These uncashed checks represent plan assets and are consequently an ongoing burden for plan sponsors. Uncashed checks ... increase plan costs, complicate plan administration and prevent fiduciary responsibilities from being fulfilled. Automatic rollover IRAs provide a simple, effective solution to this problem."
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