"An effective uncashed check policy starts with a clear statement of intent, creating a compliant, standardized framework for addressing uncashed checks, and ensuring consistency with ERISA, IRS, and DOL requirements.... A strong policy includes a section defining clear terminology so that all stakeholders -- plan administrators, recordkeepers, auditors, and fiduciaries -- are aligned.... [A third] section forms the core of the policy, outlining how the plan handles different uncashed check scenarios. "  MORE >>