There is currently over $84,000,000 being held in Alaska unclaimed funds.
Unclaimed funds are any intangible amount owed or held by an organization that remains unpaid, uncashed or has no evidence of owner activity for an extended period of time.
Unclaimed funds include, but are not limited to:
- stocks
- bonds
- mutual funds
- bank accounts
- uncashed payroll checks
- utility deposits
- traveler’s checks
- deposit box contents
…the list goes on and on.
The current unclaimed funds list has over 100,000 people on it.
That is relatively small as far as the state unclaimed money lists are concerned, however, Alaska ranks 47th in population behind North Dakota, Vermont, and Wymoing, so you can understand why they might not have as many people on their list as other states.
Alaska has an unclaimed property act, (AS 34.45) that requires businesses (both profit and non-profit) as well as governmental agencies to file unclaimed money reports with the Department of Revenue.
Alaska has dormancy periods which let companies know how long they can hold onto funds before turning it over to the state. Most property in Alaska is considered unclaimed after three years.
The following are abandonment periods for property commonly reported under the unclaimed property program:
- Safe deposit box contents – 1 year
- Utility deposits – 1 year
- Wages – 1 year
- Life insurance proceeds – 3 years
- Customer overpayments – 3 years
- Savings/Checking accounts – 5 years
- Stocks and Bonds – 5 years
- Travelers Checks – 15 years
This is only a partial list as there are many types of property turned over to the department of revenue. For more information on reporting unclaimed money and Alaska unclaimed money in general please go to the official Alaska unclaimed money website.
The State of Alaska does not charge a fee to return unclaimed funds. It is very easy to search for unclaimed property for yourself, family, and friends.
Alaska uses missingmoney.com as it’s search engine.
You can contact Alaska’s unclaimed funds division here:
Phone: (907) 465-3726
Fax: (907) 465-2394
Mailing Address
Alaska Department of Revenue
Treasury Division
Unclaimed Property Program
PO Box 110405
Juneau, AK 99811-0405
Physical/Overnight Delivery
Alaska Department of Revenue
Treasury Division
Unclaimed Property Program
333 Willoughby Avenue
11th Floor State Office Building
Juneau AK 99801-1770
Did you know that there is a little known business where you can actually get paid to find unclaimed money for other people?
Unclaimed money finders search for people that have money being held for them and help them claim it. In return they charge a fee for their service, which is a percentage of the amount that they have recovered. It’s a very easy business that not too many people know about.
If you would like to learn more about it, please click here.
Trying to find out if my dad Jerry Allen Smith had thing for me in Alaska
During filing my taxes this yearn I stumbled across my father’s name in unclaimed money. Who do I contact or how do I go about getting more information on this.
Where did you see his name?
I’m trying to find SN ATT stock certificate and the dividends that go with it . They are in my dads name he left to me when he passed in 1994 . I never received the checks or the stock certificate . I saw them listed in Nuiqsut earlier . But can’t find that site again to save my life . Any help will be appreciated . The stock certificate will be in the name of EARL BAILEY THANKS
I think I have money in Alaska
Just to see if my name is on the list.
So Alaska does not have a claim form that we print, they have to contact Alaska is that right? I did not see a claim form to print out. Thank you
Penny,
That is correct. Alaska is now tied in to missingmoney.com. You fill in the information there and they contact the state, who then contacts you.
after minnie thomas’ death i was supposed to collect her social security but my brother did not fill out the paper work i was wondering if its not to late to claim her social security?
Mary,
I really don’t know anything about that, but if you are entitled to it then you should contact the social security administration directly. Here is their website, http://www.ssa.gov/, but it’s probably easier to go to one of their locations and ask in person in order to get an answer.