[Ipg-smz] Two lumps of "retirement" coal in my holiday stocking
David Needle
davidneedle at gmail.com
Mon Dec 23 19:09:10 UTC 2019
Thanks Tara,
I did the search for unclaimed property after i got the stuff in the mail
and found no listings for my name - it came back with no matches. I just
did it again using your link and same result - no matches. If I'm in there
for unclaimed property I'd love to pursue it, just need to figure out how
to get the same results you got!
On Mon, Dec 23, 2019 at 10:24 AM Tara Calishain via Ipg-smz <
ipg-smz at netpress.org> wrote:
> David, I don't know where you live specifically, but there are eight
> listings for David Needle in California's unclaimed property database. Just
> saying. https://ucpi.sco.ca.gov/UCP/Default.aspx
>
> On Mon, Dec 23, 2019 at 1:14 PM Mark Brownstein via Ipg-smz <
> ipg-smz at netpress.org> wrote:
>
>> I wouldn't be too surprised to find that the states where these companies
>> were located had the funds in an impound account or two. I believe that the
>> retirement accounts established by these companies HAD TO BE maintained
>> separately from the core businesses, so the funds may still be there,
>> gathering interest all these years, if you can find them.
>>
>> Maybe the Social Security Administration can point to to where these
>> funds are reportedly being held and, counterintuitively, actually HELP you
>> to find those accounts - or whatever agency is still holding them for you.
>>
>> It may take some work, but the reward should be well worth it.
>>
>> Either way, the topic of 'what happens to my retirement accounts when the
>> company goes 'poof'?' may become an interesting article.
>>
>>
>>
>> On 12/22/2019 1:44 PM, David Needle via Ipg-smz wrote:
>>
>>
>>
>> I recently applied for social security - yeah, I'm that old. Sigh. But
>> not retiring.
>>
>> Anyway, I just received two letters from the Social Security
>> Administration headed
>> *Potential Private Retirement Benefit Information. *
>>
>> Each one begins: *"We are writing to tell you that you, or the worker
>> whose Social Security number appears at the top of this form, MAY be
>> entitled to some retirement benefits from a private employer .*
>>
>> Long story short, one letter says there is a "value" of $18,376 in a
>> retirement account connected to CMP Publications reported in 1998 and the
>> other lists $34,687 from Computer Currents Publishing reported in 1996.
>>
>> Both of those companies are long gone so I assume this is just some
>> unresolved accounting by Social Security. While I don't remember these
>> exacty figures, I did have a 401K at both companies so I assume that is
>> what is this is in reference to and the money isn't actually owed to me or
>> even exists anywhere as I would have rolled it over long ago.
>>
>> Oh well, got excited there for a minute.
>>
>>
>>
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