WASHINGTON, Aug. 8, 2014 /PRNewswire-USNewswire/ -- Uncle Sam may actually owe you money. How? If, the government owes you money, and you do not collect it, it becomes unclaimed money. This can happen for lots of reasons:
- Bank or credit union closures / failures
- Funds from investments
- You may be owed a pension
- Foreign Claims Awards (funds in foreign countries)
- Tax refunds
- Savings bonds
- State government funds
But before you assume that there has to be unclaimed money out there for you, beware! There are people out there who will contact you, claim to be the government, saying they will send you unclaimed money for a fee. This is a scam. Legitimate government agencies will not contact you about unclaimed money or assets.
Right now, there is no single government site for finding unclaimed money by name, social security number or state. You need to visit each site separately and perform a search.
Here are a few of the places you can check:
- Banking / Investments: Bank Failures, Credit Union Failures, SEC Harmed Investors
- Retirement (Pensions from former employers)
- Foreign Claims
- Tax Refunds
- Savings Bonds
- States' Unclaimed Money
- Mortgages: FHA-Insurance Refunds
After searching, if you are owed funds, there will be instructions and steps to follow to collect your money. For more information on unclaimed money, or other government resources, visit USA.gov.
CONTACT: Colleen Bayus, Colleen.email@example.com