Senators Daines and Warren Propose National Database of Retirement Accounts

Senator Elizabeth Warren and Senator Steve Daines are proposing a national database of “abandoned” (probably more like “lost track of”) retirement accounts. “The Retirement Savings Lost and Found Act, introduced by Warren and Sen. Steve Daines, R-Mont., uses the data employers are already required to report to create the ‘lost and found’ database. With the click of a button, any worker could locate all of their former employer-sponsored retirement accounts, the senators state.”

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