Beagle: Find your old 401k's | Hassle-free rollover

Meet Beagle, your financial

concierge

Find your old 401(k)s
Discover your 401(k) hidden fees
Rollover and save thousands
Unlock your 401(k)s and IRA
...and more!

WE'VE HELPED PEOPLE FROM

WHAT WE DO

Solve the complexities in your journey towards retirement

Find Your Old 401(k)s

Beagle will track down all your old 401(k)s for you. Sign up only takes 3 minutes.

Find The Hidden Fees

Beagle can show you all of the hidden fees that are robbing your retirement of thousands of dollars.

Hassle-Free Rollover

With 1 click, you could rollover to a better retirement account, save thousands and never worry about tracking your 401(k)s again.

Unlock old 401(k)s/IRA

Beagle enables you to borrow from old 401(k)s/IRA at 0% net interest. Why pay high interest on credit cards or personal loans?

WHAT YOU GET

Peace of mind

It’s not chump change

With the average person changing jobs every 4 years, over $3.1 trillion dollars have been left behind at old jobs collecting huge fees. And with the average 401(k) account worth $112,300, a single lost account can really affect your retirement.

Never lose your money again

At Beagle, we were tired of how hard it was to keep track of our old 401(k) accounts. We never knew where they all were, if they were making money or what fees we were paying. That’s why we made the easiest way to find all of your 401(k)s.

Know exactly what you’re paying

The average 401(k) charges a whooping .97% or more in fees! That could be costing you 28% of all your retirement money. Let Beagle find all of those fees for you so that you know how much you are losing.

All your money in the same place

Beagle combines all your 401(k)s in one place so you always know where they are and could cut your current fees by up to 3x. We take care of the whole rollover process and you can sit back and relax.

Access to 401(k)s before you retire

Beagle unlocks your old 401(k)s and IRA so that you can take a loan from them at 0% net interest (all interest paid back to yourself)! Stop paying high interest on credit card debt or personal loans.

FAQ

We are here to help

What’s a 401(k) plan?

A 401(k) is a retirement plan that employers provide to their employees. Employees contribute to the 401(k) through automatic paycheck deductions. The employer may match part or all of the employee’s contribution up to the dollar limit determined by the Internal Revenue Service (IRS), which is $19,500 for employees under 50 years, and $26,000 for employees 50 years and above in 2020/21, or 100% of the employee’s wages, whichever is higher. For example, the employer may contribute 40 cents for every dollar that the employee contributes.

Employees enjoy a tax break on their 401(k) contributions. The contributions deducted from the employee's paycheck are automatically invested in specific investments from a list of available offerings that may include stocks, mutual funds, bonds, employer's own stock, and guaranteed investment contracts. These investments are typically tax-free, until after the employee withdraws the earnings after retirement. If the employee withdraws the earnings post-retirement, the money is taxed at the ordinary tax rate, depending on their tax bracket. For Roth 401(k) withdrawals, the money can be tax-free.

How do I find my old 401(k)?

If you are trying to find the money left in your former employer’s 401(k), here are possible places to find them:

Old 401(k) under your employer’s management. Contact the human resource department of your former employer to help you trace your old 401(k). You may be required to provide your social security number and dates of employment.

In a new 401(k) account set up by the plan administrator.

Forced transfer IRAs. If your 401(k) has less than $5000, the plan administrator may have transferred the balance into an IRA in your name at a bank or other financial institution.

In the state’s unclaimed property division. If the employer terminated its 401(k) plan, the funds could have been deposited with the state’s unclaimed property fund.

The money was cashed out. The plan administrator could have cashed out, and transferred the funds to the state or bank account. Since the IRS considers this type of transfer a distribution, it is subject to income tax and penalties. The plan administrator may withhold part of the funds to pay the IRS.

If you are trying to find your old 401(k), you can use an online service such as Meetbeagle.com. Beagle allows you to track your old 401(k) to see the hidden fees charged to your account, and rollover to a better retirement account with just one click.

What are 401(k) fees?

401(k) fees are the costs charged to your 401(k), and they range anywhere from 0.5% to 2% of the value of assets, depending on the plan provider, size of the employer's 401(k) plan, and the number of participants.

The US Department of Labor groups the 401(k) fees into the following categories:

Investment Fees: These fees are charged as a percentage of the value of assets. They represent the investment management fees that investment managers charge to help maximize the profit potential.

Administration Fees: The bank or other financial institutions managing your 401(k) funds charge administration fees to cover day-to-day operating costs such as recordkeeping, legal, and accounting costs. The fees may be charged as a flat fee or as a percentage of the total value of assets under management.

Individual Service Fees: These are one-off fees charged for specific services such as processing a 401(k) loan, distributing funds, or for financial advisory services.

What's a 401k rollover?

A 401(k) rollover is a transfer of funds from your 401(k) plan account to a new plan or Individual Retirement Plan. When you move between jobs, you can transfer your old 401(k) to the new employer’s 401(k) plan or a retirement plan provided by a financial institution, also known as an IRA. An IRA allows you to invest in almost every type of asset, including stocks, mutual funds, real estate investment trusts (REITs), bonds, etc.

The IRS requires retirement plan distributions to be transferred to a 401(k) or IRA within 60 days to enjoy tax breaks. A 401(k) rollover can take the following two forms:

Direct rollover

A direct rollover is where the funds from the 401(k) are transferred electronically into the IRA without going through the account holder, also known as custodian-to-custodian transfers.

Indirect Rollover

An indirect rollover is where the 401(k) institution sends a paper check to the account holder, who is then required to deposit the check to the new IRA. The 401 (k) administrator may withhold 20% tax from your savings. You must deposit the full account balance, including the amount withheld as taxes, within 60 days from the date you received the distribution.

For example, if the 401(k) account balance was $15,000, and the employer mails you a check for $12,000, $3,000 or 20% is withheld for taxes, and deposit the full balance of $15,000 into the new retirement account. The IRS will refund you the $3000 that the employer held back as tax.

Find your old 401(k)s