Reported 5 months ago
A Bankrate article discusses the challenges of tracking down forgotten 401(k) accounts, with estimates indicating about 29.2 million lost accounts holding $1.65 trillion in assets. Suggestions include reviewing old plan statements, contacting former employers or the Labor Department, and searching public databases for unclaimed assets. Once found, the options are rolling over the account into a current employer's plan or an IRA to maximize retirement savings.
Source: YAHOO