Florida Chief Financial Officer Blaise Ingoglia announced this week that the state returned a record $88 million in unclaimed property to residents and businesses during the month of February — the highest single-month total in the program’s history.
Unclaimed property refers to financial assets that have been abandoned or left inactive for at least five years after being held by a business, bank, or government entity. Examples include dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances, and refunds, as well as physical items such as watches, jewelry, coins, and stamps.
Residents in the Tampa and St. Petersburg area had $23.8 million returned last month, the largest regional share in the state. West Palm Beach accounted for $12.9 million of the statewide total.
According to the Florida Division of Unclaimed Property, one in five Floridians has unclaimed funds from a forgotten financial account.
Floridians can search for unclaimed property for free at FLTreasureHunt.gov, where they can look up accounts by name—either as an individual or a business—and file a claim directly through the site.
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