Many employees, over the course of their careers, bounce from one job and company to another, sometimes leaving behind retirement accounts worth thousands of dollars. If the employees haven't been as diligent as they should have in rolling that money over to their new employer's retirement plan, there's now a resource that can help retirees locate their unclaimed retirement benefits.

The National Registry of Unclaimed Retirement Benefits is a national public service company, owned by PenChecks, Inc. The Registry provides a secure database service designed to support fiduciaries and custodians holding retirement benefits that have been left in the plan, unclaimed by missing former participants, or have been set up as a Default IRA.

The service is free to use for fiduciaries or the institution wishing to register the former participant and for the participant that is trying to locate their unclaimed funds. It is a secure website designed to help both employers and former employees. Employers can register names for free of former employees who have left money in the plan or who have had a Default IRA established on their behalf. Former employees can perform a free, secure search to determine if they are entitled to any unpaid retirement account money.

The site is a great aid to fiduciaries looking to meet their obligation to see that all unclaimed benefits are paid to former participants.

For more information, visit the National Registry of Unclaimed Retirement Benefits online, or call (877) 462 2745.

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