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Americans leaving billions in retirement accounts at old employers Boston 25 News [Video]

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Personal Finance

BOSTON — You may have money out there that could give your current retirement plans a boost.

Boston 25 Consumer Advisor Clark Howard said it is up to you to find that money and put it to work for your wallet!

Millions of Americans leave 401(k) accounts behind when they switch jobs.

Wes Moss, a certified financial adviser, said it is easy for people to lose track.

“This is real money,” Moss said.

He told Howard the best thing to do is take that money with you.

“Open up an individual retirement account. You can do that at Schwab, Fidelity, Empower, Vanguard, and really make that the destination to roll over all of those past 401(k)s into one account,” he said.

Moss said the best way to find old accounts is to search your inbox.

“Find anything from your company or 401(k) literally in your email search, that, I think is the best way to do it,” Moss said.

If …

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