There could be a surprising amount of money somewhere with your name on it.
We are not talking about the lottery here. What we mean is you may have some unclaimed funds from the past or even some sort of physical property that belongs to you but somehow you either did not get notified about it or you forgot.
Some examples of sources where these free funds may be waiting to be found come from old checking accounts you closed in the past, wages, payroll checks, pensions, tax refunds, wills, life insurance policies, money orders never cashed, items found in a safety deposit box, and a lot more.
You would be surprised how many people do forget about these treasures. If this article reminds you of something, don’t feel embarrassed. Instead, you can go on a “treasure hunt” to see what’s out there.
Or if you are curious to see if you have any unclaimed assets out there, follow this treasure map and see for yourself. What’s nice about doing the search yourself is that it is totally free.
Where to Go to Find Unclaimed Property or Assets
You can use the internet to look for unclaimed assets. Your treasure hunt can be done from the comforts of home. However, before we look at the map to show you where to go hunting, here are some tips to guide you along the way.
There is no one single destination for the entire country when it comes to unclaimed property. Each state has an agency that oversees the unclaimed property and helps people locate their funds. So if you have lived in multiple states, be ready to do searches under all the states where you have lived. Also be sure to search under all the last names you have used in the past.
This is a site to help you get started with multi-state searches. Here is a website from the National Association of Unclaimed Property Administrators where you can search individual programs state-by-state.
To locate any HUD or FHA mortgage insurance refunds, search here.
Perhaps you have used a credit union in the past and left some unclaimed shares there? The National Credit Union Administration offers a free service where you can search for Unclaimed Deposits.
If you did not receive a tax refund from the IRS that you know should have been delivered to you, the IRS has a handy search tool called Where’s My Refund?
If you are owed unpaid wages from a former employer or even a current employer, you can check the Labor Department’s Wage and Hour Division’s Workers Owed Wages search tool.
To find any money you might be owed through a pension that ended a defined plan or went out of business, visit the unclaimed pension search. There are a few things you will need for this one: the participant’s or beneficiary’s last name, the name of the company that provided the pension, or the state where the company is located.
What to Do When You Find Some Treasure
You may be wondering what to do next if your online search finds some assets or other property in your name. This will depend on the state you live in. Most states are pretty simple when it comes to retrieving your money.
Of course, you are going to need to verify your identity and that is typically done with a driver's license or passport. If someone asks for additional proof, normally a utility statement, property tax or bank statement will suffice.
To complete this proof of identity process, you may need to mail or fax a copy of these documents. There are some states who enable people to email or scan these documents. Check your state requirements and see if this is possible.
What Amount of Money Do People Typically Find?
Treasure is in the eye of the beholder, as they say. If you are hoping to find thousands of dollars in unclaimed property, you might be disappointed. On the other hand, you may be shocked to find you do indeed have thousands of dollars in unclaimed assets out there somewhere. You may find yours to be one large unclaimed account or multiple smaller accounts. You will never know unless you do a little digging. Hopefully this article will help you do that and you can have fun looking regardless of the results.