(Part 2 of 2)
According to the PA State Treasury, "Each year, Treasury receives millions of dollars in unclaimed property from abandoned bank accounts, forgotten stocks, checks that have not been cashed, certificates of deposit, life insurance policies, safe deposit boxes, and other sources. Treasury maintains custody of this unclaimed property, holding assets indefinitely, until it is returned to its rightful owners." Forgotten funds can also come from money orders, safe-deposit box contents, expired gift certificates, uncollected or unpaid salaries and wages, and traveler's checks. In fact, 000 in unpaid wages and salaries were reported to have been owed by the Heinz ketchup company recently and the company allegedly failed to report this to the State. Under the PA Unclaimed Property Law, unpaid payroll checks held by companies have to be handed to the State Treasury every two years and every 5 years for unclaimed assets like stock shares abandoned by shareholders and uncashed company checks. State Treasurer Robert Casey said in a statement, "By law, all businesses, financial institutions and legal entities must report and return all unclaimed property to the Commonwealth."
The PA Unclaimed Funds Div. and the Treasurer makes an effort to inform the rightful owners of unclaimed money in PA state-run unclaimed money databases, advertising campaigns, and through letters. "Annual advertising and letter campaigns are just some of the methods Treasury employs to seek the owners of over $1 billion in unclaimed property. Treasury sends representatives to statewide public events year-round, including malls, consumer expos and fairs. Treasury also works with members of the General Assembly in helping determine if their constituents have unclaimed property", According to a statement issued by the Treasury of PA.
Considering the tremendous size of the PA unclaimed money heap though, it is obvious that the state's resources are not adequate for the large number (tens of thousands) of Pennsylvanians owed unclaimed funds annually. If you think you or a relative might have unclaimed money in PA or other states, now would be the best time to get some lost money back in your hands. Get started on your unclaimed money search ASAP!
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(Part 1 of 2)
Philly soft pretzels, TastyKakes, cheese steaks and chocolates aren't the only great things you might find in PA. There's also the Liberty Bell, Christmas trees (Indiana County is the Christmas Tree capital of the world), steel of course, and… huge piles of money. Well, cash from Pennsylvania unclaimed money to be precise. You read that right – roughly $1 billion in unclaimed money is with the PA State Treasury and it is just waiting to be claimed by the citizens it belongs to.
Owners of PA unclaimed monies are usually residents (or former residents) of the state who have either lost track of or forgotten about their assets by moving and changing jobs. People sometimes forget to leave behind a forwarding address when they relocate which ultimately results in undeliverable mail which may contain tax refund checks and the like. Escheat laws dictate that forgotten funds be passed along to the hands of the state after a certain number of years wherein they go unclaimed.
(to be continued)
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ALBANY — Ever wonder what happens to your nickel deposit whenever you toss a soda can or beer bottle without returning it? Under a bill receiving serious consideration in the state Legislature, most of it would go back into a state fund that …
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Vallejo has $17,500-plus of unclaimed money held by California The city of Vallejo may have more than $17,500 in unclaimed money waiting in state coffers.That kind of money could convert about 35 high-pressure sodium street lights into energy-efficient LED street lights, said Vallejo Public Works Director David Kleinschmidt.
(Part 2 of 2)
The Penn. Unclaimed Property Div. and the State Treasurer attempts to notify owners of unclaimed property in Penn. advertising campaigns, through letters, and state-run unclaimed money databases. "Annual advertising and letter campaigns are just some of the methods Treasury employs to seek the owners of over $1 billion in unclaimed property. Treasury sends representatives to statewide public events year-round, including malls, consumer expos and fairs. Treasury also works with members of the General Assembly in helping determine if their constituents have unclaimed property", According to a statement issued by the Treasury of Penn..
Given the tremendous size of the Penn. unclaimed property pile though, it is clear that the state's resources are not adequate for the sheer numbers (tens of thousands) of residents owed unclaimed funds each year. If you think you or a relative might have unclaimed property in Penn. or any other state, now would be the best time to get some lost money back in your hands. Get started on your unclaimed property search now!
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Go to the
(Part 1 of 2)
Philadelphia cheese steaks, chocolates, soft pretzels and TastyKakes aren't the only great things you might find in Penn.. There is also the Liberty Bell, Christmas trees (Indiana County is the Christmas Tree capital of the world), steel of course, and… massive piles of cash. Actually, cash from Pennsylvania unclaimed money that is. That's right – roughly $1 billion in unclaimed property is with the Penn. State Treasury and it is just waiting to be claimed by the residents it belongs to.
Owners of Penn. unclaimed funds are residents (or former residents) of the state who may have either lost track of or forgotten about their financial assets by changing jobs and addresses. People often don't remember to leave a forwarding address when they relocate which ultimately results in undeliverable mail which may contain items like tax refund checks. Escheat laws require forgotten funds be turned over to the hands of the state after a number of years go by with the account lying dormant.
According to the Penn. State Treasury, "Each year, Treasury receives millions of dollars in unclaimed property from abandoned bank accounts, forgotten stocks, checks that have not been cashed, certificates of deposit, life insurance policies, safe deposit boxes, and other sources. Treasury maintains custody of this unclaimed property, holding assets indefinitely, until it is returned to its rightful owners." Forgotten funds can also come from traveler's checks, money orders, expired gift certificates, uncollected or unpaid salaries and wages, and safe-deposit box contents. In fact, 000 in unpaid salaries and wages were reported to have been owed by the Heinz ketchup company recently and failed to report this to the State. Under the Penn. Unclaimed Property Law, unpaid payroll checks held by companies have to be remitted to the Penn. Treasury every 2 years and every five years for unclaimed properties like uncashed company checks and stock shares abandoned by shareholders. State Treasurer Robert Casey recently stated, "By law, all businesses, financial institutions and legal entities must report and return all unclaimed property to the Commonwealth."
(to be continued)
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Daniel Vasquez: Beware Florida which oversees more than $1 billion dollars in
Overlooked resources could lead you to unclaimed cash Sometimes the easiest way to wrangle a few extra dollars is when someone gives them to you for free. That's right: There's approximately $33 billion in unclaimed money out there from old savings accounts, uncashed checks, utility deposits, refunds, rebates, stocks, safe-deposit boxes and inheritances, according to the U.S. Treasury Department and other government agencies.
IRS Has $1 Billion in If you do, then the U.S. Treasury gets to keep your
Many recent reports suggest that
Find out if the state is holding your While Kendrick Perkins and Richard Seymour are both notable sports figures who departed Massachusetts franchises for other professional destinations, they also have something else in common: They both could soon be collecting
(Part 2 of 2)
According to the Penn. State Treasury, "Each year, Treasury receives millions of dollars in unclaimed property from abandoned bank accounts, forgotten stocks, checks that have not been cashed, certificates of deposit, life insurance policies, safe deposit boxes, and other sources. Treasury maintains custody of this unclaimed property, holding assets indefinitely, until it is returned to its rightful owners." Forgotten funds can also come from expired gift certificates, money orders, traveler's checks, safe-deposit box contents, and uncollected or unpaid salaries and wages. In fact, 000 in unpaid salaries and wages were reported to have been owed by the Heinz company recently and failed to report this to the State. Under Penn. Unclaimed Property Law, unpaid payroll funds held by employers have to be handed to the State Treasury every two years and every 5 years for unclaimed assets like stock shares abandoned by shareholders and uncashed company checks. PA State Treasurer Robert Casey said in a statement, "By law, all businesses, financial institutions and legal entities must report and return all unclaimed property to the Commonwealth."
The Penn. Unclaimed Money Div. and the State Treasurer's Office makes an effort to inform owners of unclaimed property in Penn. state-run unclaimed money databases, advertising campaigns, and through letters. "Annual advertising and letter campaigns are just some of the methods Treasury employs to seek the owners of over $1 billion in unclaimed property. Treasury sends representatives to statewide public events year-round, including malls, consumer expos and fairs. Treasury also works with members of the General Assembly in helping determine if their constituents have unclaimed property", According to a statement issued by the Treasury of Penn..
Considering the massive size of the Penn. unclaimed property heap though, it's obvious that the state's resources are inadequate for the large number (literally tens of thousands) of Pennsylvanians owed unclaimed funds annually. If you think you or anyone you know might have unclaimed property in Penn. or other states, there's no time like the present to get some forgotten money back in your pockets. Get started on your unclaimed property search ASAP!
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State Website Connects Owners with Forgotten Funds Wisconsin’s State Treasurer, Kurt Schuller, is hoping to return
Foundmoney helps residents of New York track down the increased numbers of “This has added millions of dollars to State General Funds”, say Palonek, founder of Foundmoney.com who specializes in helping citizens in locating their
The Villages resident receives $79,000 in THE VILLAGES — Florida Chief Financial Officer Jeff Atwater delivered an oversized $79,000 check representing
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