It's yours, claim it! How to find unclaimed property.Unclaimed financial assets Financial assets Claims on real assets. such as inheritances, tax refunds, or money from previous bank accounts or employers may be waiting for you or someone you know. For instance, P. Taylor of Florida claimed more than $3,000 this year after receiving a letter that stated she might be entitled to unclaimed property. Taylor says she was "very excited and a little nervous" when she found out that she was due back pay from her 25-year tenure as a Walgreens' employee. In most cases, properties abandoned between three to five years are transferred from holders (insurance companies, banks, etc.) to government agencies. To search for funds, go to www.miss ingmoney.com, which has a national database to access all statesa, or www .unclaimed.org, the National Association of Unclaimed Property Administrators' Website. Since claims can emanate from several sources, the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. may have funds that belong to you. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the IRS Media Relations Office in Washington, D.C., those who may not have an obligation to file a federal tax return may still be entitled to funds from the Earned Income Tax Credit The United States federal Earned Income Tax Credit (EITC) is a refundable tax credit that reduces or eliminates the taxes that low-income married working people pay (such as payroll taxes) and also frequently operates as a wage subsidy for low-income workers. or from over withholding. However, if they don't file a tax return, their refund will be lost In order to claim any refund, a tax return must be filed within three years of the original due date. Call the IRS at 800-829-1040 or log on to www.irs.ustreas.gov and click on a link reading "Where's My Refund?" Undeliverable un·de·liv·er·a·ble adj. Difficult or impossible to deliver: undeliverable mail. un refund checks, for this year alone, totaling $67.4 million await more than 90,000 taxpayers. To ensure you receive funds owed to you, follow this checklist: * Notify companies of a change of address. * Keep accurate financial records. * Make deposits or withdrawals from bank accounts at least once a year. * Cash all checks promptly. * Fill out a U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs. Official Change of Address form prior to moving. * Inform an attorney, confidante con·fi·dante n. 1. A woman to whom secrets or private matters are disclosed. 2. A woman character in a drama or fiction, such as a trusted friend or servant, who serves as a device for revealing the inner thoughts or intentions , financial advisor, or family member about the whereabouts of financial papers. Search the Web for Unclaimed Property National Credit Union Association Administration www.ncua.gov/news/unclaimed/unclaimed.html When a credit union is liquidated, some share accounts remain unclaimed. Check here to see if you're owed funds. Pension Guarantee Benefits www.pbgc.gov/search This site has a Pension Search Directory for undelivered undelivered adj → no entregado al destinatario; if undelivered return to sender → en caso de no llegar a su destino devolver al, remitente undelivered pension plan benefits. Housing and Urban Development www.hud.gov/offices/hsg/comp/refunds/fhafact.cfm HUD recipients may be eligible for a refund of a portion of a mortgage insurance premium. U.S. Postal Service www.usps.com To track missing contents, you can file a claim for indemnity or file a Mail Loss/ Rifling Report at your local post office. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion