Tag: funds

  • Collecting Unclaimed Funds

    FINANCIAL HEALTH

    Young couple holding a jar with money in it.

    Could you have money waiting for you? Learn about unclaimed money or property from bank accounts, tax refunds, insurance policies or wages and pensions.

    You can find your unclaimed money for free. Here’s how:

    *  Search in every state where you have lived. Look up each state’s unclaimed property office. You can also try contacting the state treasurer’s office.

    *  Search the FDIC database. If your bank or credit union closed, you could have unclaimed deposits. You can also check out the National Credit Union Administration (NCUA) atwww.ncua.gov/support-services.

    *  Current or former VA life insurance holders can check for unclaimed life insurance funds. Go toinsurance.va.gov/UnclaimedFunds.

    *  Look for tax refunds from an FHA-insured mortgage. If you earned income but your wages were below the tax filing requirement, you might have a refund waiting. Go toirs.gov/refunds to check. If you bought mortgage insurance from the Federal Housing Administration (FHA), you might have a refund. Go toentp.hud.gov/dsrs/refunds.

    *  Do you have unclaimed back wages or pension money from a past employer? Go to the Workers Owed Wages (WOW) website atwebapps.dol.gov/wow. You can also check the Pension Benefit Guaranty Corporation atpbgc.gov.

    Notice that these websites include “gov.” They don’t have a “com” or “org.” The “gov” means it’s an official U.S. Government website. You should never have to pay any money to find or claim your unclaimed money. It’s FREE. Watch out for scammers and people who want to charge you for this service.

    Source: usa.gov

    © American Institute for Preventive Medicine

  • Find Unclaimed Money

    WELL-BEING

    Image of the word 'Scam' spread across money.

    Uncle Sam may actually owe you money. How? If the government owes you money, and you do not collect it, it becomes unclaimed money. This can happen because of bank or credit union closures, investment funds, pensions, tax refunds, or savings bonds, among others.

    But before you assume that there has to be unclaimed money out there for you, beware, says USA.gov, a government information website.

    There are people out there who will contact you, claim to be the government, saying they will send you unclaimed money for a fee. This is a scam. Legitimate government agencies will not contact you about unclaimed money or assets.

    Right now, there is no single government site for finding unclaimed money by name, social security number, or state. You need to visit each site separately and perform a search.

    After searching, if you are owed funds, there will be instructions and steps to follow to collect your money.

    For more information on unclaimed money, or other government resources, visitUSA.gov.

    © American Institute for Preventive Medicine