Why Finding an Old 401k Matters?
- Fees Can Erode Your Balance: Many plans charge administrative fees; an unattended account could slowly shrink over time.
- you Have More Control: By consolidating accounts, you can manage your investment mix more strategically.
- Missed Growth Opportunities: Those forgotten funds aren’t benefitting from potential market growth.
How to Locate an Old 401k?
It’s surprisingly common to lose track of a 401k account after switching jobs. Life gets busy, and those old retirement accounts can slip out of mind. But those misplaced funds are important for your future financial security. Luckily, there are ways to find them!
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