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YSK About your states unclaimed property site Why YSK: you…

YSK About your states unclaimed property site

Why YSK: you might have money being held by your state that you can claim for uncashed checks you received.

How it works: When you get checks from certain institutions and don't cash them the institution turns the funds over to your state of residence they have listed. The state then holds the money till you claim it.

For example a kid at work this week discovered a state tax refund he never received was being held and was able to claim it.

Types of things this happens for:

-State and federal tax refunds
-Refunds on overpaid, closed accounts
-Paychecks never picked up
-And lots more

Google your state name and then "unclaimed property" look for the official state website as there are of course junk ones. Search your name to see if they have anything for you. They'll ask for some proof it's you to match to the records.

Here is an example of the site for Colorado

https://unclaimedproperty.colorado.gov/app/claim-search

Subject came up at work this week and I educated all the 20 somethings about it which resulted in them finding hundreds of dollars they could claim. Thought there were probably more people out there in the US unaware of this.

#education
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