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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.
To help reduce cash-outs of small-balance 401(k)s or abandoned savings, Vanguard, the mega mutual fund firm, plans to launch the Retirement Clearinghouse’s auto portability program for 401(k ...
It is not uncommon to lose track of an old 401(k) account after you change jobs. It's easy for people to assume their 401(k) contributions continue when they get a new job. Financial services ...
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.
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.
When funding retirement, missing a 401(k) account can be like missing a puzzle piece. How to find a lost 401(k) Luckily, there are ways to track down lost retirement accounts, but the process is ...
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