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How to cash in on your unclaimed property

Posted at 1:35 PM, May 15, 2020
and last updated 2020-05-15 15:35:56-04

Whether it's old refunds, overpaid bills, forgotten accounts or neglected deposits, when businesses owe you money but can't find you, they turn those funds over to the state.

Each year, millions of dollars in bank accounts, stock certificates, insurance checks, bonds and dividends find their way to the State of Utah because the owners cannot be located.

In fact, one in five Utahns have money, and most don't even know it.

In 2019 The Unclaimed Property Division received another $56.4 million in lost money. The new number of properties to be claimed is $33,221 from 2019.

Just over one-third of the dollars paid out each year to go businesses, so make sure to check your business, a previous business and check your name too.

The mission of the Unclaimed Property Division is to return that money to its rightful owners. They want people to search the official site or call 801-715-3300 to claim their money.

In addition to cash there are some other interesting items that are unclaimed. This year that includes a bag of silver bars, pictures and a passport, a W2 form from the 1930's and rare coins.

Many people assume there is a catch, but this is an authentic government program to return money to its rightful owner. ending helps you know it's a secure and official site.

Go to now!