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subject: Ways To Locate Missing Money [print this page]


The problem of missing money has topped most state governments priority charts. Millions of unclaimed money is lying idly on the governments account, a share of which may belong to many Americans. There are chances that this missing money may be derived from dormant account or from a lineage relative.

If anyone has a bank account, deposited valuables in a safe box, or owned life insurance policy then there are high chances that huge amount of money is waiting for them. There are several ways to find unclaimed money. Read further to make your journey to reach the money easy.

Check Government's Savings Bond Database

As per the U.S. Treasury, around $17 billion currently exists in Series E Savings Bonds and are yet to claimed by their owners. These bonds were sold in between the years1941 and 1980 under the government scheme for safe and secured investment. In order to claim these unclaimed savings bonds, visit the website of Treasury Department's savings bonds and look into the page called Treasury Hunt. Here, provide a social security number, and find out if any unclaimed money exists under than Social Security Number.

Enquire about money in previous banks

It is always delightful to find out money in the accounts from many years ago. There are chances that parents might have opened these accounts at the time. Similarly, there were other accounts that might have been opened upon getting a first job or married. If you have such types of accounts and you do not know how to track them down then you need not worry. Visit the National Association of Unclaimed Property Administrators (NAUPA), which provides links of databases 50 states listing the name of owners of unclaimed assets.

There are various websites that offer comprehensive data and information about how to find unclaimed money, which allow users to search money for free.

Check with the FDIC

In you have, by any chance, invested in insurance and forget to get your claim, then you can start missing money searches in Federal Deposit Insurance Corporation (FDIC) website. This organization is responsible for maintaining funds for all insured deposits and remaining assets of a liquidated bank. The FDIC has assets that are unclaimed with the department. If you have any account on your name and you can prove its authorization, FDIC will be delighted to be at your service. To search an account with FDIC, go online and visit the FDIC website.

Enquire with the IRS

Income tax returns are the place where there are chances that your money may be hiding. If you think you are eligible for getting tax return, then you can visit IRS website. By inserting basic information about yourself such as social security number, filling status and the amount to be refunded, the site of IRS will give you information about your fund stagnant with them.

For more information about how to locate missing money, read as much as possible about unclaimed money and rules related to it. The more you will read about it, the more you will come to close to you missing money.

by: Nicole Anderson




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