grte@lemmy.ca to Canada@lemmy.ca · 9 months agoRetiree 'in shock' after Canada Post finds missing $300K inheritance chequewww.cbc.caexternal-linkmessage-square22fedilinkarrow-up1116arrow-down13
arrow-up1113arrow-down1external-linkRetiree 'in shock' after Canada Post finds missing $300K inheritance chequewww.cbc.cagrte@lemmy.ca to Canada@lemmy.ca · 9 months agomessage-square22fedilink
minus-squareweedwhacking@lemmy.worldlinkfedilinkarrow-up8arrow-down1·9 months agoWhy send a check at all? Why wasn’t the money wired?
minus-squareKungolicious@lemmy.worldlinkfedilinkarrow-up3arrow-down1·9 months agoMost 401k’s will mail checks when people want to roll funds over. Sometimes to the receiving companies, sometimes directly to the client. They won’t even overnight it or put a tracking number on it either. Just snail mail hope it shows up some day.
minus-squareVictor Villas@lemmy.calinkfedilinkarrow-up3·9 months agoNot the case: It was sent from his father’s estate by his brother, George Kavaratzis
minus-squarekakes@sh.itjust.workslinkfedilinkarrow-up3arrow-down2·9 months agoI’m guessing your answer to that lies in the word “retiree”.
Why send a check at all? Why wasn’t the money wired?
Convention
Most 401k’s will mail checks when people want to roll funds over. Sometimes to the receiving companies, sometimes directly to the client. They won’t even overnight it or put a tracking number on it either. Just snail mail hope it shows up some day.
Not the case:
I’m guessing your answer to that lies in the word “retiree”.