Lost track of an old 401(k)? Your savings may be slipping away

A 401(k) plan is designed to increase in value over a period of time. However, individuals who leave a job and forget about a four-figure 401(k) account may find that this expected growth never occurs. Consequently, savings from these abandoned accounts may slip away instead of accumulating wealth. It is critical for former employees to track their old retirement funds to ensure that their financial assets continue to grow as intended for their future.