Does Maryland Owe You Money In 2022: How To Check

ANNAPOLIS, MD — Money and the rights to valuables that belong to Marylanders may be sitting in government accounts, but it's up to you to claim your property.

The state of Maryland on June 1 updated its database of assets under state control until they are claimed by the owner or that person's heirs. Last year, the state had more than $59.3 million in money or property eligible to be distributed to residents.

Many people who have unclaimed cash don't realize it, whether it's money owed from pension funds, business refunds or other sources.

Individuals and businesses can search Maryland's Unclaimed Property database.

In total, the agency has hundreds of thousands of records worth hundreds of millions of dollars, according to a news release from the comptroller's office.

The unclaimed property the state monitors includes stocks, bonds, savings accounts, security deposits, contents of safe deposit boxes, insurance proceeds and other valuables which are reported to the state as unclaimed by banks and other financial institutions after three years.

"The owners or their legitimate heirs can claim the funds at any time. There is no statute of limitations. You can find out if the Comptroller's Office is holding property for you by checking our website. You may also conduct a nationwide search by state using the NAUPA and MissingMoney websites," the agency said.

Anyone who locates their name or that of a family member on the list should contact the comptroller's office at 410-767-1700 (Central Maryland) or toll-free at 1-800-782-7383 or by email at unclaim@marylandtaxes.gov with questions about their lost property.

Simply search on the Maryland comptroller's website with your first and last name. Enter the first and last name in the appropriate boxes below and click on the SUBMIT button. If you file a property claim, you will be required to submit documents to verify your identity.

The U.S. government lacks a central website to find unclaimed funds. To search for unclaimed money that may be lying in a different state's treasury, check this list of treasurer's offices.

If you don't have money lying in the state treasury, the government also suggests checking for unclaimed funds from bank failures or unclaimed deposits from credit union closures. You could also check for unclaimed or undelivered tax refunds or a refund from an FHA-insured mortgage.

Finally, you can check for unclaimed back wages, pension money or life insurance funds. Here is how to find out how to search for these unclaimed funds.