DOL Urges Recoupment of Uncashed Checks From Prior Recordkeepers
Attorneys from Morgan Lewis suggest plan sponsors proactively reach out to prior providers to find out if there are any...
Tag: missing retirement plan participants
Ensuring Clean Participant Data
Keeping participant data accurate could help plan sponsors avoid dealing with missing participants or a cybersecurity attack.
Addressing Forgotten Accounts Can Improve Retirement Savings Outcomes
A better investment mix and increased savings are just two advantages participants who have disengaged with prior plan accounts gain...
Review of DOL Missing Participant Guidance
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Sponsors Should Understand How to Use DOL Guidance on Missing Participants
Industry experts point out that not all suggestions from the DOL work for every plan sponsor, and they share tips...
IRS Issues Guidance About Uncashed Retirement Plan Distributions
A Revenue Ruling addresses whether an individual’s failure to cash a distribution check received alters the employer’s obligations with respect...
Missing Retirement Plan Participants Fare Better Than Those Who Cash Out
Despite intense DOL activity surrounding missing retirement plan participants, at least those participants’ retirement savings are preserved, say executives at...
(b)lines Ask the Experts – Dealing With Missing Participants
“I have been reading a lot about missing retirement plan participants lately. If our plan has any, should I be...
PBGC Expands Missing Participants Program
Beginning in January, terminating DC plans will have the option of transferring missing participants’ benefits to PBGC instead of establishing...