Missing money is unclaimed money from old accounts that have been forgotten. For example, you may have opened an account at a local bank in your college town and left a few dollars sitting in the checking account. Or you may have worked for an employer and contributed to a 401(k). Other circumstances include unclaimed insurance payments, pensions, bonds, or other investments.
Typically, when funds are unclaimed they are sent to a State's treasury department and logged waiting to be redeemed by the rightful owner.
6 Websites to Find Your Missing Money
- MissingMoney.com – this is an official channel to find money that private organizations have sent to the state. Make sure you look up your name in each state you’ve lived in. Most states use this website.
- Unclaimed.org – is managed by the National Association of Unclaimed Property Administrators of many State Treasurer departments. Most of the links however will direct you back to MissingMoney.com.
- Treasury Bonds – Fill out and sign FS Form 1048 according to the form's instructions and mail it to the address provided on the form.
- Pension Benefit – this government agency tracks any corporate or federal pension that have never been claimed.
- IRS Refund – if you had a refund that was not claimed or undeliverable, you can search for it on IRS.gov.
- 401(k)s Search – Find lost 401(k) programs from your past employers through the National Registry for Unclaimed Retirement Benefits.
Watch out for people who will charge you money for simply saying they discovered your name in a record. They can’t claim the missing money for you. You must do the work and verify your identity to claim the missing or lost accounts.