Uncashed checks = a sticky situation

Publisher: Inspira Financial

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Uncashed checks = a sticky situation

Although it’s not mandatory for qualified retirement plans to have a cash-out provision, many do to help reduce potential fiduciary responsibility and plan costs of managing small-balance accounts of former employees. However, this can lead to uncashed retirement plan distribution checks, which can pose a significant challenge for plan sponsors. Inspira Financial can help you get out of this sticky situation.

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