The most frequent mistakes involve transposed numbers, missing numbers, using the current date or year in the number or using a birthdate in the number. Vested members may leave their funds in until retirement. Non-vested members may leave their money in for three years. If contributions were not paid during the first five months, back payments are due immediately. Give pink copies to your employees.
Some employers choose to make photocopies of all forms for their files.
This is particularly important for copies of Birth Certificates when only a member's maiden name is included. Please write their current name and Social Security number on the copy. It is common for people to write the current year instead of year of birth or other date. Copies of Documents must be Legible Often, copies of Drivers Licenses, Social Security Cards, Birth Certificates, etc. are so dark that we can't use them, forcing us to request them from you again.