Many people don’t even know that there is $16 billion worth of U.S. saving bonds that have reached their max value but have remained unclaimed money.
Savings bonds can take 20 to 40 years to mature so it is not uncommon for people to totally forget about them or not even know that their parents or grandparents had invested in them.
Even if you do not think that you have unclaimed money it is worth checking to see if there is something that would fall to you. When searches are successful the average comes to about $1,000.
Even if you think that you have cashed them all in it is important that you check for unclaimed money or you may be leaving cash on the table that is rightfully yours.
There are a few different websites that you will be able to check to see if you have unclaimed money. There are some websites that offer you a free search and others will charge you a small fee. The free sites are usually just as effective as the ones that charge a fee so there is no reason to waste your hard earned money.