Did you know that there may be money out there with your name on it? Every year, billions of dollars in unclaimed assets go untouched — forgotten bank accounts, uncashed checks, insurance payouts, and more.
The National Association of Unclaimed Property Administrators (NAUPA) estimates that one in ten Americans has unclaimed property waiting for them. These assets can come from a variety of sources: old utility deposits, forgotten savings accounts, unredeemed gift cards, or even inheritances you didn't know about.
How to Check for Unclaimed Money
Start by visiting your state's unclaimed property website. Most states maintain a searchable database where you can look up your name and see if any assets are being held on your behalf. You can also check MissingMoney.com, a multi-state search engine endorsed by NAUPA.
What to Do If You Find Something
If you discover unclaimed property, the claiming process is usually straightforward. You'll need to verify your identity and provide documentation showing you're the rightful owner. The process varies by state but typically takes a few weeks.
Don't let money that belongs to you sit unclaimed. A few minutes of searching could put real dollars back in your pocket.
Content Disclaimer: Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.