Senator Elizabeth Warren proposes bill to help workers track down old 401(k)s
Sen. Elizabeth Warren
Legislators cite a recent TIAA study finding 30% of employees neglect accounts at previous employers when they switch jobs.
Employees don't just leave behind pens and pencils when they leave an employer. They also tend to forget their retirement savings, a habit targeted by a new bill.
Sens. Elizabeth Warren, D-Mass., and Steve Daines, R-Mont., introduced the Retirement Savings Lost and Found Act Tuesday, a bill that wo
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