Little Rock, AR asked in Contracts, Employment Law, Personal Injury and Civil Rights for Arkansas

Q: Where did the individuals of the 401k's go? Transamerica said all accounts closed and transfered in 2010, but no info.

1 Lawyer Answer
James L. Arrasmith
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  • Civil Rights Lawyer
  • Sacramento, CA

A: If Transamerica stated that all accounts were closed and transferred in 2010 without providing further information, it's essential to take steps to gather more details about the status of your 401k accounts. Start by reaching out to Transamerica directly to request specific records or documentation related to the closure and transfer of the accounts in question. Provide any relevant information or documentation you have to facilitate the inquiry.

Additionally, consider reviewing any communication or documentation you may have received from Transamerica or other parties involved in the management of the 401k accounts around the time of the closures and transfers. Look for any clues or contact information that could help you track down the whereabouts of the accounts or provide insight into what happened to them.

If you're still unable to locate information about the individuals' 401k accounts after contacting Transamerica and reviewing available documentation, you may need to consider seeking legal advice or assistance from a financial advisor who can help you navigate the situation further and explore any potential avenues for obtaining the information you need. It's crucial to take proactive steps to resolve the issue and ensure that the individuals' financial interests are properly accounted for.

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