$1.7 Billion: The Amount of Unclaimed Tax Refunds the IRS Is Holding From Tax Year 2022 Alone
The IRS is currently holding $1.2 billion in unclaimed tax refunds from the 2022 tax year alone—money that belongs to over 1.
Category Bank of America
$2,200: The Average Amount of Unclaimed Money Found Per Household When All Family Members Are Searched
The $2,200 figure circulates frequently in unclaimed property discussions, but it's important to clarify what this number actually represents.
New Study Found 1 in 10 Americans Has Unclaimed Property Worth More Than $500 Sitting in State Databases
A new study confirms what unclaimed property administrators have long known: roughly one in ten Americans have money or assets sitting unclaimed in state...
At Least 33% of Americans Have Unclaimed Money in a State They No Longer Live in and Don’t Know to Search There
The statistic often cited about unclaimed money requires clarification: approximately 33 million Americans—roughly 1 in 7 people, or about 14% of the...
People Are Finding Unclaimed Money From Old Sources$58 Billion: The Total Amount of Unclaimed Money Held by State Treasuries Across the United States Right Now
Yes, people are finding unclaimed money from old sources—sometimes thousands of dollars that have been sitting in state accounts for years.
States Hold Unclaimed Money For Long Periods Of Time
Yes, states hold unclaimed money for extended periods before returning it to owners. Before funds are turned over to the state as unclaimed property—a...
Unclaimed Money From Bank Mergers Could Still Belong To You
Yes, unclaimed money from bank mergers could absolutely belong to you. When banks merge or close, customer accounts that have been inactive for several...
Why States Take Control Of Unclaimed Money After A Certain Time
States take control of unclaimed money through a legal doctrine called escheatment, a centuries-old common law principle designed to prevent property from...
Many Americans Are Missing Out On Unclaimed Money From Refunds
Many Americans are unknowingly leaving money on the table by failing to claim unclaimed funds that rightfully belong to them.
Unclaimed Money From Bank Account Transfers Gone Wrong Explained
When money disappears from a bank account transfer, it often doesn't vanish—it gets transferred to your state's unclaimed property program, a system...