BOISE – Almost $30 million in unclaimed money is waiting to be claimed by thousands of current Ada County residents or individuals who at one time worked or lived in Ada County. The funds are from a variety of sources including dormant savings accounts, uncashed checks, life insurance payments, death benefits, utility deposits and escrow refunds.
Idaho Unclaimed Property receives money from corporations, business associations, utility companies, insurance companies and medical offices after there has been no customer contact for an extended period of time, usually five years.
Ada County Board of Commissioners Chair Kendra Kenyon stresses the importance of checking to make sure you or your loved ones are not leaving behind money that is yours. “The Ada County Board of Commissioners encourages anyone who believes they may have unclaimed money to check out www.YourMoney.Idaho.gov. “While the amounts vary, any funds owed to you is money you can use for individual or family expenses. Who doesn’t like to receive money they never knew was theirs, or had forgotten about? It happens to thousands of people each year.”