Many people do not know that they have unclaimed money sitting in a government account just waiting for their rightful owner to come and claim it. As of 2013, there was $58 billion unclaimed dollars in these government accounts. There is most likely more now as this number was accurate two years ago, and some of that money may be yours. But how does one have unclaimed money? Where is all of this money coming from? There are a lot of different places that unclaimed money can originate from, and if you are aware of these different situations, you can see if any of these sources are something that you have encountered in the past. If you believe that you have unclaimed money based on these situations, you can contact the office in your state to see if you have any unclaimed money.

Your state is the first place that there may be unclaimed money. Unclaimed money that is being held by the state can come from things like uncashed overtime checks, apartment security deposits and safe deposit boxes. The National Association of Unclaimed Property Administrators has a website that covers all 50 states, and you can search by your name to see if you have any unclaimed money. If you have lived in another state, you may have unclaimed money there. Usually, unclaimed money is usually held in the state where the account was originally located. So, if you lived in another state that is different from the one you are currently living in, you may have unclaimed money there.

Another source of unclaimed money can actually come from the IRS. If you are expected to receive a tax refund at the end of tax season, and you never received it, it is technically unclaimed money. This actually happens more often than you may thing. According to ABC News, 111,893 people did not receive their refunds in 2012 alone, and the amount was more than $16 million. Luckily, the IRS now has a feature on their website that allows you to search for your missing refund with your Social Security Number and the amount that you are owed.

If you have switched jobs and you have a 401(k) plan, you may have forgotten to transfer your funds to the new employer, or even into another retirement account. Not to worry, you can still find these funds, which become unclaimed once they are left behind. The good news is companies that have 401(k) plans are working together to create a search engine that you can use to find your money.

Many Americans have their money in a bank, and their bank is most likely insured by the Federal Deposit Insurance Corporation, also known as the FDIC.  If the bank you have put your money into ever goes under, the FDIC ensures that all depositors get their money back. If your bank ever went under and you did not receive your money, you should contact the FDIC and get your money, which is now unclaimed. You can search on the FDIC’s website to see if you have any unclaimed funds.

These are just some of the most common examples of where unclaimed funds come from. Other sources include: the Treasury Department, local governments, the National Credit Union Administration, and the Fair Housing Administration. If you think you may have unclaimed money tied up in a government account, you should contact the appropriate office, or visit one of the many websites that are offered to find your money.