Pennsylvania Treasury encourages citizens to search for unclaimed property

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

During a recent government meeting in Pennsylvania, officials emphasized the importance of unclaimed property and its potential benefits for residents. The session highlighted that many individuals may be unaware of funds owed to them, which can range from small amounts to significant sums, sometimes reaching tens of thousands of dollars.

Officials urged attendees to investigate unclaimed property not only for themselves but also for family members, organizations, and community groups. This includes lost checks, dormant bank accounts, and even life insurance policies that may have been forgotten. The Pennsylvania Treasury currently holds approximately $4.5 billion in unclaimed funds, with estimates suggesting that as many as 1 in 7 residents could be entitled to some of this money.

To facilitate the search for unclaimed property, residents are encouraged to visit the Pennsylvania Treasury's website at PAtreasury.gov/unclaim. There, individuals can enter their names or the names of organizations to check for any unclaimed funds. Additionally, a dedicated helpline is available for those needing assistance in navigating the process.

This initiative aims to reconnect Pennsylvanians with their rightful assets, ensuring that valuable resources are returned to the community. As the treasury continues its efforts to raise awareness, officials remain committed to helping residents reclaim what is rightfully theirs.

Converted from Moms on the Money Trail - Session 7: Types of Investment Accounts meeting on December 05, 2024
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