February 19, 2025 | Laura Bereiter

Retirement Savings Lost and Found

Retirement Savings Database

The traditional “lost and found” bin that you are accustomed to seeing at a gym, school or church has made the jump online. As part of the SECURE Act 2.0 that was passed in 2022, the Employee Benefits Security Administration (run by the U.S. Department of Labor) has established a live database. You can search for retirement savings accounts that may have fallen off your radar.

After creating an account and verifying your identity, you will be shown the details of any retirement plans that are linked to your Social Security number. This may include pension plans and private employer 401(k)s. It will not include government-sponsored retirement plans or accounts like IRAs. If you do find an account you had forgotten about, contact the plan administrator. The contact details should be provided in the search results.

Our recommendation is for all of our clients to do a quick search in this database. We are happy to help you with the search process and any follow-up to-dos if lost retirement accounts are found.

The foregoing content reflects the opinions of White Oaks Wealth Advisors and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.

Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns.

Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

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Investment advisory services provided by White Oaks Wealth Advisors, Inc. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.