[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.amorusolaw.com\/blog\/lost-track-of-your-retirement-benefits-greenwich-ct-new-york-ny\/#BlogPosting","mainEntityOfPage":"https:\/\/www.amorusolaw.com\/blog\/lost-track-of-your-retirement-benefits-greenwich-ct-new-york-ny\/","headline":"Lost Track of Your Retirement Benefits?","name":"Lost Track of Your Retirement Benefits?","description":"Changed jobs? Moved around? Don\u2019t know where your accounts are located? There may be more retirement money out there for you if you have changed jobs during your lifetime and haven\u2019t kept track of the accounts, according to the Albany Times Union in “Finding lost retirement benefits“. It may also be difficult to locate them […]","datePublished":"2019-04-26","dateModified":"2024-04-04","author":{"@type":"Person","@id":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/#Person","name":"Amoruso & Amoruso, LLP","url":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Amoruso & Amoruso, LLP","logo":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","width":0,"height":0}},"image":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b0240a4a34a74.jpg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b0240a4a34a74.jpg","height":853,"width":1280},"url":"https:\/\/www.amorusolaw.com\/blog\/lost-track-of-your-retirement-benefits-greenwich-ct-new-york-ny\/","about":["401(k)","Beneficiary","Pension","Retirement Income","Social Security"],"wordCount":476,"keywords":["401(k) Plan","Beneficiary","Pension","Retirement Accounts","Social Security","Unclaimed Funds"],"articleBody":"Changed jobs? Moved around? Don\u2019t know where your accounts are located?There may be more retirement money out there for you if you have changed jobs during your lifetime and haven\u2019t kept track of the accounts, according to the Albany Times Union in “Finding lost retirement benefits“. It may also be difficult to locate them because sometimes, companies change their names or are sold so people can\u2019t find them.There\u2019s no exact number for how many unclaimed benefits there are, but a report released by the GAO (Government Accountability Office) reports that more than 25 million people left at least one retirement plan behind when they left a job in the years between 2004-2013. Could one of those people, be you?Here\u2019s what you need to know to start looking for lost retirement accounts:Start digging through your old files. Depending on how you keep your records, that may mean cracking open the filing cabinets that have been stored in the basement for the last 20 years, or the stack of the stuff you\u2019ve been meaning to file that just keep growing. You might find some clues in old tax paperwork, employment related documents or the folders you received when you started working in a new job, filed and forgot about. If the company has been bought and sold a few times, this may take a while, even if you do finally locate the original paperwork.Contact your old employer. If you cannot find the company, then try the Department of Labor website for Form 5500 filings. This form would have contact information for the plan. The DOL also has the EBSA \u2014 Employee Benefit Security Administration \u2014 that offers help over the phone. On the website, you\u2019ll find a searchable database for abandoned pension plans.There is a federal agency in charge of insuring private-sector pension benefits\u2013the Pension Benefit Guaranty Corp. The PBGC has reported that more than 80,000 people who earned a pension have not yet claimed it, and more than $400 million is waiting for them. The pension amounts range from twelve cents to almost a $1 million.Check your state\u2019s Unclaimed Property division. Each state has its own database, and there\u2019s also a website called missingmoney.com that was created by the National Association of Unclaimed Property Administrators.Contact the Social Security Administration. The SSA might provide a notice alerting you to potential benefits when you are ready to claim your Social Security benefits. However, this is only a notice, and does not guarantee that the funds are still there.Another source to contact is the U.S. Administration on Aging\u2019s Pension Counseling and Information Program, which provides legal assistance at no cost.An estate planning attorney can advise you in creating an estate plan that fits your individual circumstances.Reference: Albany Times Union (March 30, 2019) “Finding lost retirement benefits“"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.amorusolaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Lost Track of Your Retirement Benefits?","item":"https:\/\/www.amorusolaw.com\/blog\/lost-track-of-your-retirement-benefits-greenwich-ct-new-york-ny\/#breadcrumbitem"}]}]