Unclaimed Money in the State of Connecticut
The Unclaimed Property Division of Connecticut is responsible for all assets turned over by businesses, government agencies, and corporations to the state.
The primary objective of the program is to reunite rightful owners or heirs with their unclaimed money, property, and cash which had been remitted to the Office of the Treasurer after their period of abandonment had passed.
Connecticut Unclaimed Money
Money is often lost by businesses and individuals alike during transactions and all payments that were unacted upon i.e. were not encashed for whatever reasons are all held under this government program meant to protect the citizens of Connecticut from having their money falls off the wayside.
Over 1.5 million residents of Connecticut have $800 million in unclaimed money and funds waiting for their claim request. The state contains a vault with the assets, items, cash, memorabilia, paraphernalia and literally any tangible object with a financial value of more than $50 is bundled away in its state treasury.
These assets include but are not limited to
- Bonds, mutual funds
- Traveler’s checks
- Money orders
- Savings and checking accounts
- Matured deposit certificates
- Life insurance proceeds
- Treasure and memorabilia held in safety deposit boxes
- Royalty payments
- Lost trust funds
How to Claim Unclaimed Money in the State of Connecticut?
The Treasury Department of Connecticut works under the National Association of Unclaimed Property Administration to ensure all misaddressed, forgotten and abandoned money in the great state of Connecticut is returned to their owners. Any money owed to me, you, or any resident of Connecticut is held here.
The state has several outreach programs conducted through media campaigns notifying owners of their unclaimed cash, newspaper advertisements identifying individuals with government unclaimed funds, mass media campaigns spreading awareness of lost and unclaimed money to the masses of Connecticut.
If you’ve ever lost a check or failed to get a check, it is possible to recover that money under this program. This program is conducted by the state in collaboration with federal entities and thus charges no fees, has no statutory period for making a claim and provides interest paid on all assets owned by the state from the moment the properties were escheated towards the possession of the state body.
These properties are collected from businesses, utility providers, and government facilities throughout the state to streamline the process of claiming government unclaimed funds by the average resident.
If you suspect you or someone you know has properties in the possession of the state, you can try a simple unclaimed money search to get unclaimed money belonging to you.
Only cars, boats, gift cards, and real estate property and such assets are excluded from this program.
Follow These Steps
Processing times and rules differ from state to state. In Connecticut, you can initiate the entire process online by downloading your claim form and filling them out from the website of the Connecticut Office of the Treasurer.
Unclaimed property in other states must be sought out on their state-respective website, for which the state comptroller is usually responsible.
To find out if you have claims, enter your complete business and personal names on the website to see if any claims lay pending for you. If you have been provided a reference number, enter that.
Arrange the required documentation
After printing out and filling your claim form, kindly affix the rest of these necessary documents with the form:
- Federal or State photo identification
- Proof of identification (Either in the form of a utility bill, driver’s license or bank statement)
- Social Security information with several duplicate copies
- Your notarized signature
- Address proof listing the current location
- Address proof listing location where your claim in question is associated with
- IRS Form W-2
Email or upload the documents and submit them
If you choose to send them via the postal service, you may do so towards the following address:
Treasurer, State of Connecticut
Unclaimed Property Division
P.O. Box 150435
Hartford, CT 06115-0435
Wait for your claim to complete processing
The average processing time in the State of Connecticut is 90 days. In the event of complications, this may extend to several months, so kindly stay patient.
You are well on your way towards receiving your unclaimed money.