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Compensation Strategies Group, Ltd.
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DWC ERISA Consultants LLC
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Defined Benefit Specialist II or III Nova 401(k) Associates
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BPAS
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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The Uncashed Check Conundrum: What Employers Need to Do
Bricker Graydon
[Guidance Overview] July 28, 2025 "Uncashed checks raise several compliance issues for plan sponsors ... [1] how to handle the withholding that was taken from the check and then what to do when the check is reissued ... [2] how to handle withholding when the participant later resurfaces and requests a replacement check ... [3] the fiduciary duty to find missing participants ... [4] what happens to the earnings on those checks while they remain uncashed? " MORE >> |
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