Exciting News: Pennsylvania Residents to Receive Another Round of Money Match Checks
Are you a Pennsylvania resident who’s been waiting for some unexpected financial relief? Well, you’re in luck! Over $9 million in checks are on their way to thousands of residents through the Pennsylvania Money Match program. This latest wave of checks is designed to help Pennsylvanians reclaim money they didn’t even know they had.
What is the Pennsylvania Money Match Program?
The Pennsylvania Money Match program is an initiative by the state treasury, designed to automatically return certain unclaimed property to its rightful owners. According to Pennsylvania Treasurer Stacy Garrity, “It’s exciting to see so many people getting money they didn’t know they had. It’s now important that people cash these checks.”
Why Should You Cash These Checks?
This is real money that belongs to you, not the state! Every dollar returned is a potential blessing—whether it’s for groceries, gas, or paying your rent or mortgage. Garrity emphasizes, “This money belongs to them, not the state.” It’s time to cash those checks and put that cash to good use!
How Does the Program Work?
The Pennsylvania Money Match allows the treasury to automatically return properties valued up to $500. A strict identification and verification process ensures that only the rightful owners receive their claims. However, it’s important to note that:
- Claims for properties valued over $500 or those with multiple owners require formal claims through the Treasury.
- In such cases, documentation will be necessary.
For those interested in learning more, detailed information can be found at the Pennsylvania Treasury website.
What Constitutes Unclaimed Property?
Unclaimed properties often include a variety of forgotten assets, such as:
- Dormant bank accounts
- Uncashed checks
- Forgotten stocks and bonds
- Insurance policies
- Tangible items, like the contents of abandoned safe deposit boxes
In Pennsylvania, state law mandates that businesses report unclaimed properties to the Treasury after three years of inactivity. Shockingly, about one in ten Pennsylvanians is owed a share of the $4.5 billion currently safeguarded by the Treasury.
Claim Your Part of the $1,600 Average
The average claim amounts to around $1,600, an amount that could be a significant boost to your finances. If you want to see if you’re owed some cash, search the database at the Treasury website.
Additionally, the Treasury maintains a database for military decorations, which citizens can also access here.
Don’t let this opportunity slip through your fingers! Make sure you check if you are one of the lucky recipients of the Pennsylvania Money Match checks, and be sure to cash them promptly. After all, this money is yours to claim!
