Consolidation Corner

Uncashed Distribution Checks: An Ounce of Prevention is Worth a Pound of Cure

Posted by Thomas Hawkins on Feb 9, 2017 2:17:10 PM

 

Now that we’re in the thick of flu season, we’re reminded of Ben Franklin’s famous axiom: “an ounce of prevention is worth a pound of cure.”  A yearly flu shot is perhaps the best example of an effective, preventative action you can take to minimize your odds of catching the flu, and keep you breathing more easily than those who haven’t.

 

Similarly, retirement plan sponsors can take preventative steps to minimize the incidence of uncashed distribution checks, as well as to resolve the situations that inevitably occur.

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Topics: Uncashed Check Services, Stale Dated Checks, Uncashed Distribution Checks

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