Friday, May 29, 2009

www.TreasuryHunt.gov | Is Your Cash Out There?

You can use the money

Got any unclaimed money out there? I’m not talking that quick cash loan with your name on it. I don’t mean the pennies from heaven that fall when you implore the universe to “Give me my cash now!” I’m talking about funds owed to you by the government. If you aren’t sure, take a look at www.TreasuryHunt.gov. It could mean money in the bank.

David Bogoslaw reports for Business Week that there are billions of dollars in unclaimed assets in the United States, held by state controllers and the U.S. Treasury. The Bureau of Public Debt goes so far as to say that there is currently more than $16.6 billion in unredeemed, mature U.S. savings bonds that are no longer earning interest - just sitting there doing nothing.

With www.TreasuryHunt.gov, you can put bonds to work that may be waiting for you. They can work at filling your wallet with cash. All you need is the original bond owner’s Social Security number. Most people don’t realize that even if the original bond holder is deceased, heirs can still redeem. Find documents at www.TreasuryHunt.gov that establish the relationship. A will or estate agreement will be necessary here, and you absolutely don’t want to provide false information. Doing so can expose you to perjury charges, according to the Treasury.

Piles and piles of money out there

Did you know that at the close of 2008, over $32 billion in unclaimed money in twiddling its thumbs in state treasuries across America? Nebraska Treasurer and National Association of Unclaimed Property Administrators (NAUPA) President Shane Osborn points out that such unclaimed money might include final paychecks employees never collected, retail gift certificates, forgotten bank accounts, overlooked stocks and bonds hidden away, consumer product rebate checks and utility deposits. ... click here to read the rest of the article titled "www.TreasuryHunt.gov | Is Your Cash Out There?"

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