A Paychex 401(k) Rollover Leads to a Six-Figure Theft at Chase Bank
Q: Last year, I lost my entire 401(k) — $114,000 — after Paychex mailed me physical rollover checks instead of doing a secure transfer. The checks were intercepted and fraudulently cashed. I’m now in federal court trying to hold Paychex accountable, but this experience has made it painfully clear how little protection exists for consumers … Read more