diff --git a/docs/contributing/retries-and-waiters.md b/docs/contributing/retries-and-waiters.md
index 86fbc7dacf1..b98a525b33e 100644
--- a/docs/contributing/retries-and-waiters.md
+++ b/docs/contributing/retries-and-waiters.md
@@ -20,6 +20,7 @@ This guide describes the behavior of the Terraform AWS Provider and provides cod
 - [Eventual Consistency](#eventual-consistency)
     - [Operation Specific Error Retries](#operation-specific-error-retries)
         - [IAM Error Retries](#iam-error-retries)
+        - [Asynchronous Operation Error Retries](#asynchronous-operation-error-retries)
     - [Resource Lifecycle Retries](#resource-lifecycle-retries)
     - [Resource Attribute Value Waiters](#resource-attribute-value-waiters)
 - [Asynchronous Operations](#asynchronous-operations)
@@ -211,6 +212,69 @@ import (
 	}
 ```
 
+#### Asynchronous Operation Error Retries
+
+Some remote system operations run asynchronously as detailed in the [Asynchronous Operations section](#asynchronous-operations). In these cases, it is possible that the initial operation will immediately return as successful, but potentially return a retryable failure while checking the operation status that requires starting everything over. The handling for these is complicated by the fact that there are two timeouts, one for the retryable failure and one for the asynchronous operation status checking.
+
+The below code example highlights this situation for a resource creation that also exhibited IAM eventual consistency.
+
+```go
+// aws/resource_example_thing.go
+
+import (
+	// ... other imports ...
+	"github.com/terraform-providers/terraform-provider-aws/aws/internal/service/{SERVICE}/waiter"
+	// By convention, cross-service waiter imports are aliased as {SERVICE}waiter
+	iamwaiter "github.com/terraform-providers/terraform-provider-aws/aws/internal/service/iam/waiter"
+)
+
+// ... Create function ...
+
+	// Underlying IAM eventual consistency errors can occur after the creation
+	// operation. The goal is only retry these types of errors up to the IAM
+	// timeout. Since the creation process is asynchronous and can take up to
+	// its own timeout, we store a stop time upfront for checking.
+	iamwaiterStopTime := time.Now().Add(iamwaiter.PropagationTimeout)
+
+	// Ensure to add IAM eventual consistency timeout in case of retries
+	err = resource.Retry(iamwaiter.PropagationTimeout+waiter.ThingOperationTimeout, func() *resource.RetryError {
+		// Only retry IAM eventual consistency errors up to that timeout
+		iamwaiterRetry := time.Now().Before(iamwaiterStopTime)
+
+		_, err := conn./* ... AWS Go SDK operation without eventual consistency errors ... */
+
+		if err != nil {
+			return resource.NonRetryableError(err)
+		}
+
+		_, err = waiter.ThingOperation(conn, d.Id())
+
+		if err != nil {
+			if iamwaiterRetry && /* eventual consistency error checking */ {
+				return resource.RetryableError(err)
+			}
+
+			return resource.NonRetryableError(err)
+		}
+
+		return nil
+	})
+
+	if tfresource.TimedOut(err) {
+		_, err = conn./* ... AWS Go SDK operation without eventual consistency errors ... */
+
+		if err != nil {
+			return err
+		}
+
+		_, err = waiter.ThingOperation(conn, d.Id())
+
+		if err != nil {
+			return err
+		}
+	}
+```
+
 ### Resource Lifecycle Retries
 
 Resource lifecycle eventual consistency is a type of consistency issue that relates to the existence or state of an AWS infrastructure component. For example, if you create a resource and immediately try to get information about it, some AWS services and operations will return a "not found" error. Depending on the service and general AWS load, these errors can be frequent or rare.