You might also wish to try various search queries, such as using your first initial and full last name. Because the unclaimed property is reported to the state where the firm or organization is situated, it is typical to have lost money in more than one location, particularly if you have relocated between states.
NAUPA recommends using MissingMoney.com, a free website they suggest, to search numerous states at once. Check every state in which you have resided or done business.
How to Claim Unclaimed Money
Each state has its process for claiming lost money, but it should be effortless. For whatever you claim, you must be prepared to present proof of ownership, such as a pay stub, utility bill, or your Social Security number. You will also need to provide identification, such as a copy of your driver’s license or passport.
Processing dates vary by state, although some can be completed in less than 30 days, according to the NAUPA website. Other government websites that have searchable databases include: For any undeliverable tax refunds, visit the IRS website. For unclaimed pension funds, contact the Pension Benefit Guaranty Corporation. The United States Treasury is looking for unclaimed savings bonds, registered Treasury notes, and reported Treasury bonds.
How to Redeem Forgotten Money
While you may not have lost money in a neglected bank account, chances are you have funds you could cash in now. The first is your credit card perks. If you have a cash-back credit card in your wallet and use it frequently, remember that it’s money you earned that could come in handy.
Cardholders can redeem cash back for checks or statement credits after earning $25 with the Citi® Double Cash Card, which offers 2% cash back: 1% on all eligible purchases and an additional 1% after paying your credit card bill.
Select discovered that if cardholders optimize their rewards potential, the average consumer can earn an estimated $437 in cash back after just one year and $2,185 after five years.