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Aggravating_Foot_528 OP t1_jch9pgg wrote

>The state Treasury is holding unclaimed cash and property belonging to roughly 1 in 10 Pennsylvanians - and the passage of one piece of legislation would allow it to speed the return of some of that to its rightful owners, Treasurer Stacy Garrity said Wednesday.
>
>The proposed change would allow the Treasury to automatically write a check to return unclaimed money up to $5,000 to its rightful owner, eliminating the requirement that the owner file formal claim.

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IAMABobby t1_jchjih1 wrote

Stacy Garrity has done a great job as treasurer. It’s not a high profile position but she’s done a lot with the office. If anyone has a PA 529 account you’d already know. She’s also done a lot with transparency as well. I wouldn’t mind seeing her run for governor but as long as Shapiro doesn’t make any waves, I think it’d take a higher profile politician from the GOP to beat him.

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ewyorksockexchange t1_jchqcr8 wrote

Replying to Aggravating_Foot_528 (#2,247,518)

This would be great for the people that have small amount in unclaimed property for whom filing a formal claim is either not worth the effort or basically impossible. Comcast owes me like $300 from some kind of settlement from a decade or so ago, but I can’t get the money because I don’t have a copy of my lease from back then. This bill would allow me to get that $$$.

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Aggravating_Foot_528 OP t1_jci84u8 wrote

Replying to IAMABobby (#2,248,006)

The PA 529 still isn't great. I use Ohio. NYS is good. So is Iowa. Anything basically run by vanguard has much cheaper fees.
. The good thing is that the PA income tax credit for 529 contributions can be used for any state 529.

The PA 529 fees were even worse 10 years ago. But they're still not the most competitive.

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Kazwuzhere t1_jcj1bc1 wrote

Filed 3 claims in early December, still waiting for them to do something with any of them. One had 10 supporting documents included to try and avoid any issues. (That one was for my late father who passed 16 yrs ago.)

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atlashoth t1_jcjot69 wrote

As a normal guy who hasn't owned property but has floated through a handful of jobs, I'm sure I've lost final checks or cashing out 401k. Is this something I can use to check that?

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AppleTStudio t1_jckau0o wrote

So I had missing property. Nothing much, it was like a $0.60 check from Google. It never got cashed because it was addressed to an address I haven't lived in since I was a kid.

If they started writing checks and sending them out, how would they get my current address? Otherwise, wouldn't it just go right back into the system?

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drxdrg08 t1_jckcklw wrote

Replying to ewyorksockexchange (#2,248,349)

> automatically write a check

What address are they writing on the envelope for the check?

> Comcast owes me like $300 from some kind of settlement from a decade or so ago, but I can’t get the money because I don’t have a copy of my lease from back then.

Maybe the address of the Comcast contract?

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drxdrg08 t1_jckczmo wrote

Replying to Aggravating_Foot_528 (#2,248,391)

> They know who they have money for.

They don't.

There is no tie between a name and a physical person. Unlike a social security number. Names are not unique. And even if they were, there is no definitive database of addresses where checks can be sent.

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