| Unclaimed Assets: Money The Government Owes You! | |
| 401(k) Plans - Find Missing Retirement Plan Benefits |
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Unclaimed 401k Retirement Benefits Search |
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Each year tens of thousands
of
workers fail to claim or rollover $850 million in 401k retirement plan
assets. A disproportionate share of the missing are former employees of
failed companies, which, when they cease operations, may not
provide or plan for administration of employee 401(k) plan assets.
Family members of deceased employees also often fail to claim pension
benefits stemming from employment that may have ended years earlier. Retirement funds invested in 401k and other defined-contribution retirement plans belong to the employee, so 401k plan participants are protected when an employer files for bankruptcy or otherwise ceases business. Because plan assets continue to earn interest and accumulate capital gains, amounts that can be reclaimed may now be quite substantial. The financial institutions holding unclaimed 401K assets - banks and brokerages appointed by the plan administrator - make little if any effort to locate lost employees and missing participants, because by law their responsibility is to the company, not the employee. For information on tracing, claiming and rolling over unclaimed pension and 401(k) plan assets complete the form below. |
| Unclaimed Pension Benefits Search |
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