‘Billions of pounds get still left behind’: The 401(k) field now has a ‘lost and found’ for your old retirement accounts

Crucial Points

Fidelity Investments, Vanguard Team and Alight Alternatives — a few of the greatest administrators of 401(k) programs — teamed up to routinely reconnect workers with savings left powering at outdated businesses.
Present guidelines allow companies to transfer accounts of much less than $5,000 out of their 401(k) system.
The companies account for about 40% of buyers in place of work retirement strategies. they hope to develop rthe community to reward a lot more persons.

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