H2R CPA Blog

Do you have Unclaimed Property at the Pennsylvania Treasury?

by H2R CPA Team
The Pennsylvania Treasury reports that it is currently holding $2.3 billion in unclaimed property. It also estimates that one in ten Pennsylvania residents have unclaimed property waiting for them. Could some of this property be yours?
Sources of unclaimed property include:

  • Abandoned bank accounts
  • Forgotten stocks and bonds
  • Uncashed checks, including paychecks
  • Proceeds from the demutualization of insurance companies
  • Expired gift cards / gift certificates
  • Contents of safe deposit boxes
It is easy to check if any unclaimed property belongs to you. Simply visit the Pennsylvania Treasury’s website at http://www.patreasury.gov/claim/ and search for your name (also be sure to check for maiden names, when applicable).
If you do have unclaimed property, the search results will indicate the source and whether it is under or over $100. Cash values of less than $5 are not included. The process for collecting any unclaimed property simply requires filling out a form, having it notarized and mailing it in.
Good luck in finding your potential hidden treasure at the PA Treasury! Contact H2R CPA at 412-391-2920 or team@h2rcpa.com for more information.