Tag: unclaimed property

GAO Seeks More Guidance On Retirement Benefits That Become Unclaimed Property

The Government Accountability Office (GAO) released a study recommending three ways the Internal Revenue Service (IRS) and the U.S. Department of Labor (DOL) could clarify the handling of transfers of millions of dollars in unclaimed savings from employer retirement plans to states. While the study and recommendations had a narrow focus, they build on an […]