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The first thing you can do to find money held in forgotten 401(k) accounts is to go through old plan statements you may have. The statements could have come in the mail or you may have received ...
Continue reading → The post How to Find Old 401(k) Accounts appeared first on SmartAsset Blog. It's easy for people to assume their 401(k) contributions continue when they get a new job.
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.
If you land a new job and have access to another 401(k), you can roll that old account into your new 401(k). This puts all your retirement savings in the same bucket, making it easier to manage.
Use this guide to find to lost money from the government, old bank accounts, former employers, insurance, taxes and more — and avoid unclaimed fund scams.
Search and Recover can rescue crucial work and cherished memories you thought were gone forever. It's fast and easy to use, and even data lost years ago can be recovered.
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