Millennials change jobs often, and when they do, many neglect to bring along their 401(k)s, put off by the hassle of long phone queues and locating obscure documents. Gaurav Sharma co-founded Capitalize to make the process less arduous. Simply enter the names of former employers or retirement-account providers, and Capitalize does the rest—unearthing accounts, handling paperwork and suggesting IRAs where old money can make new gains. Since launching in 2020, the free service—it makes money through referral bonuses when customers set up IRAs—has helped tens of thousands of users roll over millions of dollars. —Abby Vesoulis
More Must-Reads From TIME
- Bad Bunny's Next Move
- 'How Is This Still Happening?' A Survivor Questions America's Gun Violence Problem
- Nicole Chung: The Person I Became After My Father's Death
- Can Birth Control Help Solve the World's Rat Problem?
- About That Devastating Tom-Shiv Scene in Succession's Premiere
- Why Humza Yousaf's Win Is 'Historic' for Scotland
- If Donald Trump Is Indicted, Here's What Would Happen Next in the Process
- It's Time to Say a Loving Goodbye to John Wick
- Who Should Be on the 2023 TIME100? Vote Now
- Column: Ozempic Exposed the Cracks in the Body Positivity Movement