Does Arizona Owe You Money In 2021: How To Check

PHOENIX, ARIZONA — Money that belongs to Arizonans could be sitting in government accounts, but it's up to you to claim your property. The state of Arizona just published its annual list of more than $45 million in assets under state control from Maricopa County residents until it is claimed by the owner or that person's heirs.

Many people who have unclaimed cash don't realize it, whether it's money owed from pension funds, business refunds or other sources.

Individuals and businesses can also search the online Unclaimed Property database.

The unclaimed property the state monitors includes stocks, bonds, savings accounts, security deposits, contents of safe deposit boxes, insurance proceeds and other valuables which are reported to the state as unclaimed by banks and other financial institutions after three years.

Anyone who locates their name or that of a family member on the list should contact the department at 602-255-3381 to find out how to reclaim their lost property.

In fiscal year 2020, the claims totaling more than $48 million. In the last three years, the agency has returned more than $155 million in unclaimed property to its rightful owners.

Real property is not included on the unclaimed list, according to the comptroller's website.

The owners or their heirs can claim the money at any time; there is no statute of limitations.

The U.S. government lacks a central website to find unclaimed funds. To search for unclaimed money that may be lying in a different state's treasury, check this list of treasurer's offices.

If you don't have money lying in the state treasury, the government also suggests checking for unclaimed funds from bank failures or unclaimed deposits from credit union closures. You could also check for unclaimed or undelivered tax refunds or a refund from an FHA-insured mortgage.

Finally, you can check for unclaimed back wages, pension money or life insurance funds. Here is how to find out how to search for these unclaimed funds.