Northwood News ♦ April 2019
Singletary: Five Places to Look for Unclaimed Money
By Jacquie Bokow
In her 2 September 2018 column “The Color of Money” in The Washington Post,
fiscally conservative financial columnist
Michelle Singletary listed five places readers of her
column had identified (in an online discussion) where people can find unclaimed funds that belong
to them. You don’t need to pay someone to find lost property, you can do it yourself
for free. Here are her suggestions of where to look. (Note that, for each of these,
you’ll have to provide personal details — probably including your
Social Security Number — in order to prove your own identity.)
- unclaimed.org. Run by
the National Association of Unclaimed Property Administrators (NAUPA), a nonprofit affiliate of the
National Association of State Treasurers. Search the database for each State you or members
of your family have ever lived.
- missingmoney.com. Also
sponsored by NAUPA. You don’t have to search State-by-State; you just input your name and
current State of residence.
U.S. Labor Department’s “Workers Owed Wages” database for back wages from an
old employer. Hey, you never know!
- www.unclaimedretirementbenefits.com. By the
National Registry of Unclaimed Retirement Benefits, which is a subsidiary of PenChecks, a private
company that provides retirement distribution services. Just in case you’ve forgotten
about an old 401(k) plan you contributed to years ago! You’ll have to provide your
Social Security Number.
The Pension Benefit Guaranty Corporation is a government agency that insures pensions that now
may be the trustee of a failed pension plan.
Singletary prompts us to “go look for your money,” but she cautions us to be careful
of missing money scams. “Don’t pay someone to do a search you can do for free,”
she admonishes. “The point is to find cash, not give it away.” ■