Hidden Money Alert: The IRS, Social Security, and Even You Could Have Unclaimed Funds

Michael Bordonada
Published Mar 11, 2025

Hidden Money Alert: The IRS, Social Security, and Even You Could Have Unclaimed Funds

While the government scrambles to cut costs, it turns out billions of dollars are sitting unclaimed—including money belonging to federal agencies.

But here’s the kicker: the same thing might be happening to you.
 

Unclaimed Money Hiding in Plain Sight

In the rush to slash spending, government agencies aren’t even claiming their own money.

Reports show that agencies like Customs and Border Protection, the IRS, and the Department of Veterans Affairs have millions of dollars just sitting there, waiting to be claimed.

  • Customs and Border Protection: One listing alone shows $143,140 from Wells Fargo sitting in California’s unclaimed property fund.
  • IRS: More than $700,000 in unclaimed funds—just in California.
  • Social Security Administration & Veterans Affairs: Pages and pages of listings, many worth tens of thousands of dollars.
  • State and local agencies: School districts, transportation departments, and even state treasurers themselves have money waiting to be claimed.

And this isn’t pocket change.

In many cases, these unclaimed funds could cover salaries, programs, and essential government services—if only the agencies knew the money was there.

What About You? You Could Be Owed Money Too!

Government agencies aren’t the only ones missing out.

Millions of Americans have unclaimed money waiting for them.

You’ve earned certain benefits—make sure you’re getting them here!

It could come from:

  • Forgotten bank accounts
  • Old paychecks never cashed
  • Unclaimed tax refunds
  • Utility bill refunds or security deposits
  • Insurance payouts
  • Inheritance funds from a deceased relative

Some of this money has been sitting for years, waiting for someone to claim it.

How to Find Out If You Have Unclaimed Money?

It’s easier than you think to check if you have money waiting.

The National Association of Unclaimed Property Administrators (NAUPA) provides a free online tool that connects to every state's unclaimed property database.

  • Step 1: Visit unclaimed.org
  • Step 2: Click on your state (or any state where you’ve lived before).
  • Step 3: Search your name and follow the claim instructions.

Some states make it simple.

Read: The State By State Guide to Unclaimed Assets

Others may require proof of identity, notarized documents, or extra verification steps—but with thousands (or even just a few hundred dollars) on the line, it’s worth checking.
 

Don’t Leave Money Sitting There—Check Today

The government has billions of dollars in unclaimed funds sitting in various accounts.

But so do everyday people like you. A quick search could mean extra cash you didn’t even know you had.

Take a few minutes today to check your name, claim what’s yours, and make sure your money isn’t lost in the system forever.

Previous article: GovRecover Expands Nationwide: Helping Americans Reclaim Unclaimed Funds

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