Find Online Money Search: Discover the Best Websites to Find Your Money!
What is Unclaimed Money?
Unclaimed money or unclaimed funds is money that is owed to you by a business, government office, or another source from which you have not collected money that is owed to you. This money can be a tax refund that was never given to you by the IRS, insurance money that was never handed over to you, unpaid wages and more. By definition, unclaimed funds are accounts in financial institutions or companies that have had no activity generated or contact with the owner for over a year, most commonly in savings or checking accounts, stocks, uncashed dividends, security deposits, and IRS refunds. According to the National Association of Unclaimed Property Administrators, there are 42 billion dollars in unclaimed funds in the United States.
The most common sources of unclaimed money are from the IRS, pension accounts, unclaimed Bonds and insurance claims but there are plenty of other areas in which people have unclaimed money waiting for them. When looking for unclaimed funds, if you know you are missing something you can turn directly to the source in order to reclaim that money. When looking for money from insurance claims, you will need to go to the insurance provider’s website or through a second party website. These second party websites search many different data sources for you at once and will inform you if money exists from any of the sources. This article will go through some of the best sites to find your unclaimed money online.
Whenever a recipient address is listed wrong on a tax refund, the check will be returned to the IRS, the IRS does not make any more effort to resend the refund, and it is the recipient’s responsibility to realize that he/she never got the refund and find the money. Unclaimed refund money from the IRS is only available for three years after the original filing date. You just need to go to the official refund page and submit a request, however, you need to know how much money you are owed in order to run a search.
Missing Money is a second source website that does not have its own records but searches a variety of sources for you. To use Missing Money, you just need to enter your name and the state where you live or have lived in the past, the site will then search all its different databases to see if you have any unclaimed money.
If you have ever wondered what happens to peoples who have money held in a bank that fails, the answer is you can claim it with the Federal Deposit Insurance Corporation. This corporation was created by the US government to ensure the money held in banks. If you think you are owed money because of money unclaimed in a bank failure you can run a search on the FDIC site using the bank’s name and location.
The Pension Benefit Guaranty Corporation
Similarly to bank failures, if you had your pension money held in a pension fund that failed, if the money was insured, then the Pension Benefit Guaranty Corporation may owe you some money, the corporation is also federally chartered. It might not be the full value of your pension prior to the failure of the fund, but it is still worth checking if you have money there. The search is very simple, you can either type your name or company you worked for and if there are unclaimed funds it will show up in the results.
When a business owes you money that money is not held by the business, rather by the state in which the business is located. While Credit Karma is a site mainly used for credit monitoring services, they also have an unclaimed money search that searches government databases for unclaimed funds.
If you or a close relative owns saving bonds, Treasury notes, or Treasury bonds that have been unclaimed you can run a search with this tool by the US Treasury Department. The tool also allows you to search if you haven’t received interest on certain types of bonds or if you haven’t received payments from a Legacy Treasury Direct securities which are currently being phased out. You just need a social security number in order to run the search.
Unclaimed is the site of the National Association of Unclaimed Property Administrators. The site has an interactive map of the United States which redirects users to the appropriate state site to find unclaimed funds. When clicking on the state you lived in you will be redirected to state programs that have different search options. Some states will show how much money is unclaimed, while some states do not, you will have to submit a claim as instructed by each state in order to recover the money.
GoLookUp is a background search site, but one of their services is an unclaimed monies search. The site searches through multiple data sources which include; insurance payments or refunds and life insurance policies, annuities, certificates of deposit, customer overpayments, utility security deposits, mineral royalty payments, and contents of safe deposit boxes. The service works with a monthly membership, so you can run unlimited searches with your account and also get access to their other tools which include background searches, people searches, and other public records searches.
If you once worked for a company or business that owes you a pay-check, the US Department of Labor recovers unpaid wages on behalf of employees while they attempt to locate the employee. After three years, if the department is unable to find the person, they send the money to the U.S. Treasury. If you think you are owed wages, you can search the database of workers who have money waiting to be claimed. A search is run by entering the employer’s name and clicking search on the dedicated website. If you find that you are owed money, you can submit a claim as per the instructions on the page.