New Study Found Automated Heir Identification Programs Could Return $3.8 Billion in Currently Unclaimed Inheritance
Technology companies are developing automated systems to match heirs with billions in unclaimed funds held by state treasuries.
Category Auto
$1,900: The Average Unclaimed Insurance Refund Sitting in State Treasuries From Canceled Auto Policies
When insurance companies cancel policies or return portions of premiums, the refund checks they issue often end up unclaimed.
At Least 29% of Forgotten 401(k) Accounts Are Automatically Cashed Out and Taxed When Balances Fall Below $5,000
When you leave your job, your 401(k) doesn't simply vanish into the ether—but it might as well.
Fact Check: Does the Government Really Send Unclaimed Money Back to You Automatically? Only 3 States Have Proactive Return Programs
No, the government does not automatically send unclaimed money back to you in most states. Despite holding an estimated $70 billion in unclaimed property,...
New Study Found Automated Matching Programs Help States Return 47% More Unclaimed Property Than Manual Searches
While a specific study confirming a precise 47% improvement rate for automated matching programs remains elusive in publicly available sources, the...