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The SECURE 2.0 Act of 2022 directed the Department of Labor ("DOL") to establish a database that individuals can search to help locate their retirement benefits.
In 2024, more low-balance, forgotten 401(k)s and similar retirement plans could be forced into rollover accounts, which don’t benefit their owners. Here’s what to know.
As a Comerica Bank executive with more than 35 years of experience in wealth management, Lisa Featherngill knows how to handle retirement money. But when she left her previous position at Wells Fargo two years ago, she had to figure out what to do with her old 401(k) — and was as flummoxed as any other person changing jobs. “A lot of times, people don’t know where they’re going to work or if they’re eligible for the 401(k) plan at the new job,” Featherngill said. “I just didn’t want to think abo
By Robert A. Emmanuel robert.emmanuel@antiguaobserver.com In the latest development in the discord over Barbudan lands, the Cabinet noted its intent to officially repeal the Barbuda Land Act. The Cabinet reported yesterday that it had examined a “paper written by the Solicitor General relating to dealings in land, as contemplated and espoused…
The measure makes a “lost and found” database for workers to track retirement funds at places they’ve previously worked.