How To Claim Your Share of $33 Billion Unclaimed Money

May 15th, 2010 - 3:33 am ICT by Angela Kaye Mason  

Unclaimed Money May 14 (THAINDIAN NEWS) According to CBS News Business and Economics Correspondent Rebecca Jarvis, there is literally 33 billion dollars worth of unclaimed money just sitting around waiting for people to step forward and get their share. It is located in state treasuries and other agencies. It breaks down into approximately $280 dollar average per claim, if every claim was made.

Jarvis explained for Americans who were interested just how to go about finding out where and how to recover this money. She shared on with Harry Smith on “The Early Show” that unclaimed money, or unclaimed property as it is mostly called, is accounts with financial institutions which have lost contact with the person to whom the cash belongs. It could also come from inheritances, insurance, etc that you did not know you were due. You may have moved and never got a check you were due, and it possibly could have gotten lost in the mail. Such sources as savings accounts, stock investments, annuities, are also possible.

Jarvis says that the easiest way to find out of you are among the lucky ones who have some of this cash coming to them is to search online. “It’s totally free to search and it takes no time at all,” she said. Simply enter your name, to search for your own money, or a family name to search for a possible inheritance. Two of these are www.unclaimed.org or www.missingmoney.com. If you do find that you are owed money, simply file a claim with the state government. You will need to include your personal information such as Social Security Number. Instructions will be given on the websites.

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