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find_unclaimed_money [2018/05/12 19:09]
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find_unclaimed_money [2018/06/05 17:45] (current)
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 Do you own mutual funds? Apparently you may be more in danger of those funds getting turned over to your state than you or with other accounts. This is most likely because after a certain time period of no activity funds must be turned over to states, and you may not think to contact your mutual fund on a regular basis. It’s a good idea though, even if you’re just checking on a balance and not necessarily requesting a withdrawal. And you don’t have to make a phone call. It should count as contact if you log in online to make your request or review a balance. Also be sure the fund has your accurate address as accounts must be turned over if a letter or notice is returned with no forwarding address.  Do you own mutual funds? Apparently you may be more in danger of those funds getting turned over to your state than you or with other accounts. This is most likely because after a certain time period of no activity funds must be turned over to states, and you may not think to contact your mutual fund on a regular basis. It’s a good idea though, even if you’re just checking on a balance and not necessarily requesting a withdrawal. And you don’t have to make a phone call. It should count as contact if you log in online to make your request or review a balance. Also be sure the fund has your accurate address as accounts must be turned over if a letter or notice is returned with no forwarding address.
-**Update March 2017** +**Unclaimed Money in Louisiana** 
-
Heading to New Orleans for Mardi Gras? Have fun and keep your eye on your wallet - big crowds and plenty of alcohol can be jackpots for pickpockets. If you live in Louisiana or ever have, and you’d rather spend your time and energy bringing in some extra cash, try looking for unclaimed money that is rightfully yours! The state of Louisiana held (and making money off of!) more than $96 million in unclaimed property - much of it cash - in the 2015-2016 fiscal year. Only about a third of it was returned to owners. It’s never too late to claim yours:  the state’s Unclaimed Property Division says they return money all the time that they’ve been holding for twenty years! +
Do you like to do things like head to New Orleans for Mardi Gras orother big events? Have fun and keep your eye on your wallet - big crowds and plenty of alcohol can be jackpots for pickpockets. If you live in Louisiana or ever have, and you’d rather spend your time and energy bringing in some extra cash, try looking for unclaimed money that is rightfully yours! The state of Louisiana held (and making money off of!) more than $96 million in unclaimed property - much of it cash - in the 2015-2016 fiscal year and adds about $87 million each year.. Only about a third of it has been returned to owners. It’s never too late to claim yours:  the state’s Unclaimed Property Division says they return money all the time that they’ve been holding for twenty years!
-**July 2016 Update**+**States Profit from Unclaimed Money -- Maybe Yours!**
We've mentioned that the states are holding billions of dollars worth of unclaimed money. But did your realize they are sitting on -- and earning (lots of) money from $60 billion, according to Money Magazine? With budgets under pressure it's got to be pretty tempting to spend the least amount of effort trying to find rightful owners. So it's up to you to take the initiative and do some searching -- beyond just going to one web site.   We've mentioned that the states are holding billions of dollars worth of unclaimed money. But did your realize they are sitting on -- and earning (lots of) money from $60 billion, according to Money Magazine? With budgets under pressure it's got to be pretty tempting to spend the least amount of effort trying to find rightful owners. So it's up to you to take the initiative and do some searching -- beyond just going to one web site.  
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find_unclaimed_money.txt · Last modified: 2018/06/05 17:45 by admin