How to Find a Lost Pension Plan | Baby Boomers
Pension plans offer some of the best retirement benefits you can get from an employer. But if you had one from a previous job, you might have lost track of your plan by the time retirement rolls around.The last thing you want to do is let valuable benefits go unused, but it could take a bit of legwork to find the information you need to hunt down your “lost” pension plan, including contacting your former employer – who might have moved, changed names or even closed down – or contacting the Pension Benefit Guaranty Corporation.Follow these steps to track down your plan:
Contact your former employer.
Consider financial and insurance companies.
Search at the Pension Benefit Guaranty Corporation.
Collect the paperwork.
Look into spousal payments.
Make sure you are vested.
Consider a fi...