If you believe you have unclaimed property or want to check if your state owes you money, you can follow Pearlman’s step-by-step guide on TikTok, which has been viewed nearly 5 million times, garnering close to 500,000 likes. Read more: Here are 7 amazing 1-week vacations you can do for around $1,000 How to claim back unclaimed property You may ask: How could someone forget to collect their final paycheck? How could someone abandon an old savings account?īelieve it or not, unclaimed property is actually quite common - with approximately 1-in-7 Americans having some form of property owed to them that’s been forgotten, according to the National Association of Unclaimed Property Administrators. Some common forms of unclaimed property include: checking or savings accounts uncashed dividends or payroll checks investment instruments like stocks, bonds, or brokerage accounts life insurance proceeds refunds trust distributions certificates of deposit and annuities. In this context, unclaimed property is any financial asset that has been abandoned or forgotten for a specific amount of time - often three to five years, but sometimes longer - after which, by law, it must be turned over to the state for safekeeping. “Go get your money!” says Alex Pearlman - the TikTok creator who shared the clip in April to his 1 million followers under the username Here’s his advice. Often, people don’t realize they have unclaimed property - or they don’t know how to claw back their cash if they do.īut a now viral TikTok video has broken down the process step-by-step, explaining how Americans can access “literally billions of unclaimed funds.” What do Ashton Kutcher and a Nobel Prize-winning economist have in common? An investing app that turns spare change into a diversified portfolio Here are the 2 simple techniques that made Ronald Read rich - and can do the same for you This janitor in Vermont built an $8M fortune without anyone around him knowing. Here's how much money the average middle-class American household makes - how do you stack up? Like a giant lost and found, state treasuries look after financial assets - including missed paychecks and utility refunds - that have been abandoned or forgotten by their owners. Here's the step-by-step to access 'literally billions'īillions of dollars in unclaimed property is being held by state governments for safekeeping - just waiting for Americans to reclaim what’s rightfully theirs. 'Go get your money': This man on TikTok went viral after revealing how to find - and claim - lost funds that your state owes you.
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