US Bill Would Create Lost and Found for Retirement Savings
US lawmakers have re-introduced a bipartisan bill intended to create a national online “lost and found” for Americans to track down lost retirement accounts as they move between jobs. Sens. Elizabeth Warren, D-Massachusetts, and Steve Daines, R-Montana, are sponsoring the Retirement Savings Lost and Found Act in the Senate, while Reps. Suzanne Bonamici, D-Oregon, and Jim Banks, R-Indiana, have introduced the bill in the House of Representatives. “Millions of Americans lose thousands in savings each year because of lost retirement plans from previous employers and other roadblocks to tracking multiple accounts,” Warren said in a statement. “Our bipartisan Retirement Savings