Unclaimed Property Blog

A 401K account is supposed to provide for you during your golden years after retirement. The idea is that you will stay with the same company for the duration of your life. Or that you will continue to at least transfer your 401K as you transfer jobs so that your account never leaves your side and you can keep adding to it over the years. If you do so you will contribute into that same account year after year and it will continue to build until such time as you decide you would finally like to retire. What happens when you change jobs and you either just don’t or actually forget to transfer your 401K account? Well, let’s just say it doesn’t just go away.

The state of Pennsylvania is calling on all its current and previous residents to help in the search for Pennsylvania cash. Even though it sounds like it, this money doesn’t actually belong to the state at all. Instead, it belongs to those current and former residents who may have lost the money years ago. The money can come from abandoned bank accounts, missing tax returns, property from safe deposit boxes that have been liquidated through state auctions and much more. In fact, there are millions of dollars just sitting in a state Treasury vault and it’s up to the men and women of this great state, and the ones who used to live here, to help us search for cash in Pennsylvania. Here’s how to participate.

Before you can sign up for a utility service – water, gas or any other– you typically have to leave a deposit, especially if you don’t have a positive history with any other utility. The idea is that the deposit will cover the utility in case you can’t pay your bill for whatever reason. It’s meant to act in the place of trust. Once you build up enough of a positive history with a utility company, the deposit becomes less or it becomes unnecessary altogether. It’s when you have to deactivate your utility service and the company returns your utility deposits to you that things get tricky.

The great state of Ohio is losing funds at an alarming rate and the state’ Treasurer, Josh Mandel, finally wants to do something about it. The state is beginning to raise awareness that there are millions of dollars in lost funds being funneled into a special Treasury account. This Ohio lost funds account is designed to keep the money safe until the rightful owners come forward. The money won’t go anywhere until those individuals make themselves known, which Mandel hopes will happen in the coming months.

How Ohio Lost Funds Go Missing

When money is printed at the Federal Reserve and then put into circulation, what happens to it? How do you, for example, get your hands on some of that money? If you’re like the average person, you must get a job in order to earn the money you use to pay bills and enjoy life. Your boss pays you out of the company’s profits and the company originally received money to open from a bank loan or possibly an inheritance. Sometimes, business owners may make money via other means before they open other businesses. Now you may see how the money sort of trickles down from the top. Once it’s made, it is then accounted for by you who usually sticks it into a bank account. It’s here that sometimes things get messy.

With millions of dollars on the line, it appears that Alabama is not out of the missing funds race yet. The state’s Treasury office is being inundated with Alabama missing funds. Abandoned bank accounts, returned rental and utility deposits, child support payments, tax returns and even stock and trade accounts are flowing into Treasury accounts at an alarming rate. This is why the state is putting together an initiative to alert others to the Alabama missing funds problem.

Missing Funds in Alabama – An Answer Must be Found

Everyone who pays taxes, owns or used to own a bank account and otherwise uses money should know how to find and claim money. When you are able to find and claim money, you are actually helping out the local and federal treasurers whose job it is to reunite the rightful owners of unclaimed money with all sums that may have been lost. You are also helping out the economy. Lastly, you’re helping yourself. When you know how to find and claim money that might otherwise have remained missing, you will put more money in your own pocket.

Every year people flock to Nevada to try their hand at the latest table and slot games in the state’s infamous Las Vegas. Yet people seem to forget that the state is currently sitting on millions, if not billions, in found money. Instead of trying your hand at blackjack or Texas Hold-em, you could be searching for thousands or more in lost or missing money that is just sitting in the state’s treasury office.

Why Everyone Has Forgotten Nevada Found Money

There are many reasons to search for lost funds, one of them being that the lost funds of the deceased turn up all the time. Many people don’t think about the funds that accumulate year after year, money that once belonged to a living breathing person but now rests in an unclaimed money vault. These deceased lost funds are just ripe for someone to search for them. The problem is that most people don’t realize that lost funds of the deceased are even out there to be found. Let’s look at an example of how deceased lost funds come to be and how you can claim those funds as your own.

Get ready, ladies and gentlemen, because this year might prove to be the biggest Colorado money search in history. The search for lost money is on and it’s up to current and former Colorado residents to find it. Each year the Colorado State Treasurer is on the receiving end of millions upon millions of lost money. If you want to search for money in Colorado, you’re invited to join this year’s Colorado money search. All you need is an online connection.