For plans applying for SFA after initiation of the full participant death audit (as agreed to with recommendation 2024-01-01), continue to implement the new death audit procedures prior to approving the applications. Implementing this recommendation…

For plans applying for SFA after initiation of the full participant death audit (as agreed to with recommendation 2024-01-01), continue to implement the new death audit procedures prior to approving the applications. Implementing this recommendation could put an estimated $125 million of taxpayer dollars to better use.