Ohio may have your unclaimed funds
Looking for a few extra dollars? The state of Ohio might be holding on to some that belongs to you. Last week, the Ohio Department of Commerce announced its list of the top counties in terms of the amount of money being “safeguarded by the state” that belongs to residents and businesses there.
Cuyahoga came out on top, with $477 million in unclaimed funds.
Money being held by the state Division of Unclaimed Funds is “lost or forgotten money that businesses and banks report to the Division of Unclaimed Funds after accounts become inactive, typically between 3-5 years. The money comes from inactive checking and savings accounts, stocks and bonds, forgotten utility deposits, unknown insurance claims, or last paychecks.”
Does any of that sound familiar to you? Even if it doesn’t, it’s worth checking unclaimedfunds.ohio.gov to find out whether you’ve got any money waiting. According to the ODC, Washington County residents and businesses are missing out on $10,130,252.41. (There is also $1,491,500 for Monroe, $736,330.14 for Noble, $1,158,785.26 for Morgan, $7,727,880.79 for Athens and $2,233,903.78 for Meigs.)
Of course, if you find yourself or a family member on the list, there are steps to take, including gathering required documents and sending the information to the Division of Unclaimed Funds. But it could be very much worth the effort.
Ohio says it is holding on to approximately $4 billion that doesn’t belong to it. Don’t miss out on the chance to claim what’s yours.