Pennsylvania’s Money Match: $22 million+ going to 100,000 residents. Who’s getting a piece?

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Pennsylvania’s Money Match initiative has successfully returned over

Treasurer Stacy Garrity says ‘this is a real check’

Pennsylvania Treasurer Stacy Garrity has assured residents that the checks they are receiving are legitimate and should not be viewed with suspicion. She emphasized that these are genuine funds belonging to the recipients. Garrity encouraged Pennsylvanians to regularly check the state’s unclaimed property database online, as not all potential claims qualify for the Money Match program. State officials are also urging individuals to cash or deposit these checks promptly. Leaving them uncashed or unused defeats the program’s purpose of returning earned money to its rightful owners. The initiative’s reach has been remarkable, with over

Here’s why Pennsylvanians should still verify unclaimed funds

Even with a substantial volume of automated disbursements, the Money Match initiative doesn’t encompass all outstanding assets. Its scope is intentionally limited. Individuals will still need to navigate the standard unclaimed property process for claims involving significant amounts, intricate ownership structures, or instances where further substantiation is necessary.

Pennsylvania currently holds an estimated $5 billion in unclaimed assets, and Treasury officials indicate that over a tenth of the state’s population qualifies for these funds. Consequently, many individuals will not receive a Money Match payment, despite potential funds awaiting them.