Robert Brokamp

What did you find?

Well, thanks for joining us again, David.

This has been so much good information.

It's time to get it done, fools, and this week, give some thought to your 401ks with old employers, including the ones you may have forgotten about.

According to a recent report from Capitalize, a firm that facilitates 401k rollovers, there are now 31.9 million left-behind or forgotten 401k accounts worth approximately $2.1 trillion.

How can you locate a long-lost account?

According to an article on the topic from USA Today's Daniel DeVizier, you can try a few databases, such as the National Registry of Unclaimed Retirement Benefits, the Department of Labor's Retirement Savings Lost and Found Database, or MissingMoney.com, which is the official unclaimed property website of the National Association of State Treasurers.

Private companies such as Capitalize and Beagle can also do a search for you.

But to use any of those sites or services, you have to hand over your personal info, including your social security number in some cases.

And as we discussed in the first segment of today's show, disseminating that info can be risky.

So you may want to just start by just making a list of every employer you've worked for and confirm that you have made the best decision with each of your old 401ks.

You can even call the HR departments of those old employers to see if you still have an account with that employer's plan.

Then, if you find one, move that money to your current employer's plan or, probably better, to an IRA, where you'll likely pay lower fees and have many more investment choices.

And that's it for this week.

Thank you so much for listening and much appreciation to Bart Shannon, the engineer for today's show.

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I'm Robert Brokamp.