Politics & Government

Does MA Owe You Money? State Has $2.4 Billion In Unclaimed Funds

Check to see if you have unclaimed property the state is trying to give you.

Money that’s rightfully yours could be sitting in government vaults but it’s up to you to claim those funds. While the U.S. government lacks a central website to find unclaimed funds, it recommends starting the search by looking for unclaimed money in your state.

In Massachusetts, you can search for money owed to you online. Over the last two years, more than $225 million was paid out in Massachusetts. There's plenty more than where that came from: The Unclaimed Property Division has more $2.4 billion in unclaimed funds in Massachusetts, according to the website.

To search for unclaimed money that may be lying in a different state’s treasury, click here.

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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. Click here to find out how to search for these unclaimed funds.

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