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Don't Let Money Get Stuck in the Upside Down: The Uncashed Check Dilemma
Ferenczy Benefits Law Center 
Oct. 26, 2022 "[1] Establish a system for tracking distribution checks from issuance through cashing, with a follow-up alert when a check is not cashed within a reasonable time.... [2] Develop procedures for locating participants if distribution check correspondence comes back undeliverable.... [3] If a check is uncashed for a significant period, re-contact the participant and encourage him or her to cash the check.... [4] If the participant is 'missing,' take action to locate him/her under IRS and DOL guidance." |
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