Websites Make Unclaimed Money Searches Easier

By Author: Nicole Anderson
Total Articles: 82
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Unclaimed money searches have become more common in the recent years with a greater number of people reaping the benefits of the unclaimed search process. It is known that the unclaimed assets pile has reached an alarming level, and is currently and all-time high. This has become one of the major logistic and administrative issues for the state treasury officials as well as the federal decision-makers.

With a lot of skepticism about the unclaimed money and the unclaimed search process, a well planned awareness campaign about unclaimed money is extremely necessary. The state and federal government have been taking all the proper measures to create the best tools for unclaimed money search, however the results have not proven so.

Most are worried about the safety and disbursement of the unclaimed assets. There is no reason for concern, as all the funds are safe with the government, since most had firm belief that their hard earned money is lost forever. Cooperation between the state and federal agencies have simplified the process of funds location and reclaim. ...
... A lot of online help channels and websites have been launched in order to assist the unclaimed search process.

Some of the most popular tools for unclaimed property search that can be utilized by people who are in search of unclaimed funds are:

Missingmoney.com: This is an accredited and NAUPA-endorsed website that hosts search-able databases for nearly every state. If you do not find your website on this list, then you can visit the NAUPA's official website itself (unclaimed.org).
For unclaimed Refunds Checks, you can visit the official IRS website (www.irs.gov). In a recent report, it was disclosed that by the end of 2009, IRS had more than 10 million in unclaimed refund checks.
Demutualization Payouts: The best place to search this form of unclaimed money is www.demutualization-claims.com. Over the past decade, some major insurers have converted from mutual life insurance companies, owned by their policyholders, into publicly traded firms, owned by shareholders. In this process of demutualization, the firms give their policyholders shares of stock or cash.
Old Stock Certificates: The most reliable place to start looking for the unclaimed money in Old Stock Certificates is www.oldcompany.com. If you have the CUSIP number, an identification number used for stocks and bonds, call your broker and find out the value of the security. If you don't have the CUSIP number but know the name of the company, try the investor-relations department of the firm and ask the registrar to help you.
For Lost Pension Checks, the most reliable website will be www.pbgc.gov. Were you a participant in a pension plan offered by a company that went out of business or closed its plan? Millions of dollars of pension benefits go unclaimed because those owed the money can't be found.
Lost bank accounts are one of the most common forms of lost funds. In cases of unclaimed Bank Accounts, the most trusted information about your bank can be found at www2.fdic.gov.
Unclaimed or forgotten Savings Bonds: then the most reliable website for this will be www.treasurydirect.gov. Savings bonds are more often forgotten than lost, billions of dollars of matured savings bonds have never been cashed.
Free Unclaimed Money Websites: There are many unclaimed money websites cropping up throughout the internet. Most of them offer free unclaimed money searches. Make sure the website you use is a legitimate company, and a secure website. If there is a fee, it is always a good idea to make sure there is a money-back guarantee!