in unclaimed money is up for grabs in the United States — and some of it could be yours.
The billions in unclaimed assets include payroll checks, tax refunds, certificates of deposit, insurance benefits and pension payments, among others, according to the National Association of Unclaimed Property Administrators ().
Are you the rightful owner of a piece of the $41.7 billion in unclaimed cash? It’s easy to find out. Here are two good places to start your search:
- : This NAUPA-sponsored website allows you to search for unclaimed assets in the state where you live, as well as other states where you have lived or worked in the past. Simply input your last name and the state where you reside.
- : The official NAUPA website, Unclaimed.org, allows you to conduct a more targeted search by connecting you to states’ individual unclaimed property programs. Click on your home state and you will automatically be redirected to your state’s program. Make sure to check out other states where you’ve lived as well.
A whopping $7.4 billion in life insurance payouts also remains unclaimed, writes Greg O’Donnell — CEO and founder of O’Donnell Financial Group — at
“Some policies are simply forgotten, and some heirs have never learned that they are beneficiaries.”
If you live in one of the following 15 states, O’Donnell says you can search for lost insurance policies online for free:
- New Hampshire
- New York
- North Carolina
- Rhode Island
O’Donnell also recommends ing . For $75, MIB Group will search life insurance applications made to “more than 400 North American insurers” over the past two decades.
If your unclaimed property search proves fruitful, the process for claiming your money varies depending on the type of asset and where it’s held. Contact NAUPA or your state’s unclaimed property program for assistance.
Have you been the recipient of an unclaimed money windfall? Share your experiences below or on .