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Finding lost and forgotten 401(k) accounts is important in order to maximize your retirement savings. Every little bit helps, so you don’t want to let hundreds or thousands of dollars go unclaimed.
How to find lost retirement accounts. Kerry Hannon. February 25, 2022 at 9:48 AM. ... It also allows former employees to track defined contribution plans such as 401(k) accounts.
A new database or 'Retirement Savings Lost and Found' is in the works. But other options exist now for finding lost pension and 401(k) money, too.
Continue reading → The post How to Find Old 401(k) Accounts appeared first on SmartAsset Blog. ... Where to Look for Old 401(k) Accounts. If you have lost track of an old retirement account, you ...
Research from Capitalize found that by May 2023, 29.2 million 401(k) accounts had been forgotten. These accounts hold a whopping $1.65 trillion in assets — about 25% of all 401(k) assets in the U.S.
Think about it: When you changed companies all those years ago, you might have forgotten to rollover some of your retirement funds. They might not have amounted to much at the time, but by now ...
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