What are unclaimed funds and how do I know if the government owes me money?

There are unclaimed assets and accounts worth millions of dollars. If the federal or state government owes you money, you can inquire about it there:

Unclaimed money and property. The unclaimed property office in your state can help you find any unclaimed money or property.

Savings bonds. If you didn’t receive your payment from the Treasury Department or the bonds’ interest ceased accruing, you can check on TreasuryDirect to see if you have savings bonds that you can cash.

Financial accounts. Bank deposits are covered by the Federal Deposit Insurance Corporation (FDIC). When banks close, sometimes there is money, safes, or unclaimed property. Search using the FDIC page. On the other hand, when an insured cooperative closes, the National Credit Union Administration (NCUA) is in duty of repaying unclaimed property. Run a search for NCUA.

Pensions. Find out if the employer where you once worked has any unclaimed pension benefits. You can perform a search by last name, business name, or state on the website of the governmental body in charge of the Unclaimed Pensions Program (PBGC).

Properties and belongings. You can look for balances or unclaimed property by state using the National Association of Unclaimed Property Administrators (NAUPA) search engine. Search any state where you’ve ever lived.

Mortgage repayment. To find a pending refund from the Department of Housing and Urban Development (HUD), get in touch with them.

Tax refund. Check with the Internal Revenue Service to see if you are due a refund (IRS).

Unpaid wages. Use the database maintained by the Department of Labor to submit your claim if you believe any of your current or former employers owe you money.

How can I find out if the government has unclaimed money or property that may be mine?

You must identify the potential benefit or payment, the anticipated date of payment, and the appropriate payment method in order to establish whether the federal government is holding any unclaimed cash.

With this knowledge, the organization in charge of certifying any payment owed ought to be able to help you find out the present status of the payment in question. The United States Government Manual contains the names and addresses of all government agencies.

Below are government agencies that have databases you can search for unclaimed money.

  • Treasury Hunt: Unclaimed U.S. Securities and Payments
  • HUD/FHA Mortgage Insurance Refunds
  • Credit Union Unclaimed Shares
  • National Association of Unclaimed Property Administrators
  • (Individual State Unclaimed Asset Web Sites)
  • U.S. Courts: Unclaimed Funds in Bankruptcy