- State-held unclaimed property: Visit NAUPA’s unclaimed.org for a map with links to each state’s program.
- Life insurance: For benefits not held by the state, check the insurer’s site directly.
- Pensions: For Pension Benefit Guaranty Corp. benefits, visit the agency’s online search directory.
- U.S. savings bonds: More than 45 million matured savings bonds, worth nearly $16 billion, remain unredeemed, according to the U.S. Department of the Treasury. To search the database, visit treasuryhunt.gov.
- Tax refunds: In 2011, the Internal Revenue Service said it had $153.3 million in tax refund checks that were undeliverable. To make sure you’ve received your checks, visit the IRS’s Where’s my refund? tool.
- Overbid proceeds: If a foreclosed home or tax lien for delinquent taxes is sold at auction for a price above the money owed, the former property owner is owed the so-called “overbid proceeds,” which are typically held at the county level. But, counties typically send notifications about the funds to the foreclosed address, so many people remain unaware of the extra cash, according to Mary Pitman, author of “The Little Book of Missing Money.” These funds are different than other unclaimed funds in that the property owner’s claim in some counties only last a few years. Contact the county clerk to find out which local agency holds the funds.
Enter more than one beneficiary and do update the contact information and address regularly of any of your investment and savings account. Guardian has an automated Life Balance Sheet to keep track of your financial plan and funds.
As your financial planning coach, I will review your financial plan on quarterly or on a regular basis to ensure that it still meets your needs. Connie Dello Buono CA Life Lic 0G60621 408-854-1883 motherhealth@gmail.com
