I’ll Find You! The DOL’s New Retirement Savings Lost and Found Database

Seeking to reunite participants and beneficiaries with lost or forgotten retirement/death benefits, the U.S. Department of Labor (DOL) has launched its Retirement Savings Lost and Found Database, expected to become operational by December 29, 2024. Retirement plan sponsors and administrators can use the website after registering, to upload lost participant information. The DOL’s notice of information collection request describes the specific data elements the agency is seeking and how information can be submitted. 89 Fed. Reg. 91787 (Nov. 20, 2024); DOL News release.

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