How to Find Your Lost / Forgotten Retirement Funds

Retirement Funds Are you concerned about the state of your retirement savings? Are you looking at working longer and harder than you'd ever dreamed, because it's proving impossible to save enough? If so, you're in good company -- most of us are in the same boat. There's a new website out that just might be able to help with your savings by locating any retirement funds you might have forgotten about.

Think about it: When you changed companies all those years ago, you might have forgotten to rollover some of your retirement funds. They might not have amounted to much at the time, but by now they could really be worth something.

It couldn't hurt to take a quick look at The National Registry of Unclaimed Retirement Benefits, a nation-wide public service company, that provides a database service designed to support fiduciaries and custodians holding retirement benefits that have been left in the plan, unclaimed by missing former participants, or have been set up as a Default IRA.

It's actually a free service to the fiduciary or the institution to register the former participant and for the participant that is trying to locate their unclaimed funds. In other words, it's a website designed to help both employers and former employees, and the company behind the site claims the process is secure.

All you have to do is enter your Social Security number, or the SS number of the person you're searching for -- a parent? a spouse? a deceased family member? an ex, perhaps? If there's a match, the site claims that you will be shown which company is holding retirement money on your behalf, and you will be instructed on how you can get in touch with each other.

Unfortunately, the Social Security numbers entered by an AOL reporter showed no results, so no claims can be made about the efficacy of the site. But it is, at least, an interesting prospect. These days, when it comes to retirement, we need all the help we can get.

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