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Plan Sponsor Policies on Cashouts, Missing Participants, and Uncashed Checks
Plan Sponsor Council of America [PSCA] 
Oct. 15, 2024 "Forty percent of respondents stated they are very confident in their plan's handling of missing participants and uncashed checks ... 60 percent of respondents are concerned about their ability to track down missing participants.... Currently, a quarter of all respondents allow participants to remain in the plan regardless of the balance -- though small plans are more likely to do so." MORE >> |
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