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nadasky
Contributor ⭐
April 19, 2020

Where did the funds from an AARP Investment program with Scudder go?

  • April 19, 2020
  • 5 replies
  • 16525 views

I have a few statements from my father, who has passed, that date back to September of 2000.  There was nothing in his file regarding where this money went or that the account was closed.  I am trying to retrace the chain of events and wondered if anyone can point me in the right direction

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    5 replies

    fffred
    fffred
    Conversationalist ⭐⭐⭐
    April 20, 2020

    @nadasky 

     

    Scudder itself is long gone, bought and merged. It's now owned by Deutsche Bank. Google will dig up the past on this.

     

    Google also told me about the AARP Scudder funds. They seemed to have been closed out after about 3 years of existence. Any personal accounts would have been closed at that time and the proceeds returned to the account owner who would have done "something" with them...opened another account at Scudder, or took a check, or something.

     

    See https://www.chicagotribune.com/news/ct-xpm-2000-02-20-0002200061-story.html from 2000

     

    Then https://www.financial-planning.com/news/aarp-closing-down-funds. This gives some discussion, although it doesn't mention all AARP Scudder funds

      J
      JoanM412239
      Contributor ⭐
      August 12, 2020

      I found papers for a ira for me . I didn’t know that I had a account .the last statement I have is 10/31/99. How do I find out about this account.

        J
        JulieS332621
        Contributor ⭐
        July 30, 2021

        Did you final any info on aarp scudder for I also have Some from 1998?

          J
          JulieS332621
          Contributor ⭐
          July 30, 2021

          Did you final any info on aarp scudder for I also have Some from 1998?

            L
            lolobeard
            Contributor ⭐
            November 16, 2024

            I had an AARP scudder acct. They did not close it; it was transferred to what is now DWS Capital growth SCGSX.  I would contact them if you have a statement with the acct number. You may have to send your lettes of authority to get details, but they should be able to tell you if it exists...

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