The Art of Setting and Forgetting.

Millions of Americans neglect their retirement accounts, leaving them inactive and losing out on thousands of dollars. The Center for Retirement Research estimates that about 21 million vested retirement accounts in the United States are inactive, with an average value of assets of about $60,000. Many people lose track of their retirement savings when they switch jobs, and those with smaller retirement account balances are more likely to leave them behind. Auto-portability technology is expanding to help people integrate their old or abandoned retirement plans into their existing, active ones.