Beginning January 1, 2025, the following fee changes will be made affecting all plans. If the PlanInfo App has an exception, that is still valid (i.e. NHC not having a distribution fee).
For stop pay/reissue: If they have a balance, fee will come out of balance. If full distribution, taken from net check amount and then reissued.
Fee | Old | New |
Distribution | $75 | $100 |
Overnight | $50 unless over $250k | $50, no automatic threshold |
Stop-Pay/Reissue | $0 | $35 unless we had correct address on file AND 15 days have passed AND they never received it |
Installments | $5.00 | $7.50 |