Free cash? How Wisconsin residents can test if they’ve unclaimed cash

(WFRV) – Finding unknown or forgotten cash can bring a smile to almost everyone’s face.

On the Wisconsin Department of the Treasury (DOR) website, there is an option for users to verify that they have unclaimed property.

What is unclaimed property? The DOR defines it as any financial asset that has not had owner activity for a year or more and the owner of the asset cannot contact the owner.

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As early as October 2020, the DOR announced that it was almost $ 600 million in unclaimed money.

Some common unclaimed properties include:

  • Savings accounts
  • Check accounts
  • Unredeemed dividends
  • Stocks and mutual funds
  • Customer deposits or overpayments
  • Certificates of deposit
  • Credit
  • Refunds
  • Expired life insurance
  • Unredeemed death benefit checks

The DOR website is an easy place for people to check if they have unclaimed property. Those who want to see if they have unclaimed property can Click here, then just enter your first and last name and hit Search.

When there are results, they will be displayed at the bottom of the screen. After the results are displayed, there is a “Select” button that people can use to claim the money.

There is security information that is required to prove the identity of the person claiming the money.

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The DOR has a dedicated unclaimed property FAQ page for more information on unclaimed property visit their website.