By Donna LeValley
From Kiplinger’s Personal Finance
If you’re trying to locate a lost 401(k) plan from a previous job, you’re not alone. There were about 29.2 million forgotten 401(k) accounts as of May 2023, according to estimates from Capitalize, a platform that helps people locate and roll over their 401(k)s. Their research showed that the “number of forgotten 401(k)s increased by over 20 percent since May 2021 driven by a period of heightened job switching (‘The Great Resignation’) with 3.8 million and 4.4 million accounts left behind in 2021 and 2022 respectively.”
