grte@lemmy.ca to Canada@lemmy.ca · 2 years agoRetiree 'in shock' after Canada Post finds missing $300K inheritance chequewww.cbc.caexternal-linkmessage-square11linkfedilinkarrow-up1113arrow-down13
arrow-up1110arrow-down1external-linkRetiree 'in shock' after Canada Post finds missing $300K inheritance chequewww.cbc.cagrte@lemmy.ca to Canada@lemmy.ca · 2 years agomessage-square11linkfedilink
minus-squareweedwhacking@lemmy.worldlinkfedilinkarrow-up8arrow-down1·2 years agoWhy send a check at all? Why wasn’t the money wired?
minus-squareKungolicious@lemmy.worldlinkfedilinkarrow-up3·2 years 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-squarekakes@sh.itjust.workslinkfedilinkarrow-up3arrow-down2·2 years 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.
I’m guessing your answer to that lies in the word “retiree”.