NYC man lost $114,000 — his entire 401(k) — after his physical check from Paychex was stolen and cashed

How are tariffs affecting US retail prices? Why is OPEC+ increasing oil production? What caused recent drone attacks on Russian airbases? How will Trump-Xi trade talks impact tariffs? Why are Americans feeling financial pressure now? What’s behind the surge in big tech stocks? How is AI transforming the consulting industry?

NYC man lost $114,000 — his entire 401(k) — after his physical check from Paychex was stolen and cashed

finance.yahoo.com/news/nyc-man-lost-114-000-114400596.html

Dylan Handy did everything right — or so he thought.
Two years ago, when he was 33, Handy tried to roll over his $114,000 401(k) after switching jobs. Instead of a secure digital transfer, Paychex sent paper checks.
Don't miss
-
-
I'm 49 years old and have nothing saved for retirement —…

This story appeared on finance.yahoo.com, 2025-05-31 11:44:00.