Finding unclaimed paychecks is as easy as visiting a website, entering relevant personal information and viewing your results. Even if you’re pretty certain that you’ve cashed all of your eligible paychecks, it may be worthwhile to do a quick search. Consider this question: If there’s a chance that you have $1000s waiting for you to claim, wouldn’t you want to double-check?
That’s why it’s a good idea to check every few months, just to be safe. Searching for uncashed payroll checks is free and takes only a few minutes. Here’s how you can find missing money.
Looking for missing paychecks is a simple two-step process that starts with searching online in your state. Uncashed paychecks that are not deposited within the state’s designated timeline – usually 1 to 5 years – are given to the state.
Each state has an unclaimed property website that maintains records of lost paychecks, money and other assets. If you’ve held jobs in multiple states, make sure you search each one.
Sometimes, these websites will not have the most up-to-date information. So, if you don’t find an escheated check listed on your state’s site, that doesn’t mean that it doesn’t exist. You can broaden your search by using additional databases and search services.
Most third-party databases allow you to search multiple states throughout the country. And searching for unclaimed paychecks is usually free of charge – you don’t have to pay to find your missing checks.
Some websites do offer advanced searches for a fee. These are known as fee finders. In exchange for payment, the company searches on your behalf. Make sure you read the terms fully before entering any payment information on these sites.