Browsing Tag
Missing Participants
35 posts
Uncashed 401(k) Distribution Checks Subject of IRS Guidance
Guidance clarifies that failure to cash checks does not affect withholding or reporting
Beyond Missing: Targeting Unresponsive Participants in Retirement Plans
Tom Hawkins says this silent subset of participants presents unique challenges that require targeted solutions
DOL Announces Enforcement Relief for Missing Participants
New policy offers plan fiduciaries option for handling small payments when beneficiary cannot be located
6 Steps to a Strong Missing Participant Policy
Retirement Clearinghouse’s Tom Hawkins shares keys to building a policy that will fulfill a plan sponsor’s fiduciary duty
‘Lost & Found’ Database: DOL Seeks Recordkeeper Help
EBSA calling for voluntary info to build SECURE 2.0-Mandated Tool
A More Enlightened Approach to Uncashed Distribution Checks
How auto portability can solve the problem of uncashed checks that draw regulatory scrutiny and could trigger a plan audit
Should They Stay or Should They Go?
When it comes to 401(k) participants no longer working at a company, Innovest’s Kyli Soto and Troy Jensen take inspiration from The Clash classic in suggesting why plan sponsors might want to provide nudge toward moving those assets out of plan
No One is Coming to Save You From Missing Participants
Tom Hawkins has a lesson for plan sponsors who must confront the scary problem of missing participants
5 Tips for Documenting Missing Participant Searches
Tom Hawkins provides prudent guidance to help plan sponsors better document their missing participant search efforts
Forgotten 401(k) Accounts Hit $1.65 Trillion in Assets
The updated analysis from Capitalize finds forgotten accounts have grown by 20% in the last two years