ROCHESTER, N.Y. – More and more people are receiving letters from Social Security saying they may be owed pension or 401(k) money but they can’t find the money.
The letters from Social Security tell people to contact the plan administrators which don’t exist. Then they say contact the federal Department of Labor which, in our experience, doesn’t have the information. But today we learned about one more option people can use to try to find this money.
The letters say “potential private retirement benefit information.” It alerted Bill Oatman that he’s owed more than $8,000 in a 401(k)…