In Iowa, unclaimed funds represent a considerable opportunity for residents to recover assets that lawfully belong to them. The State Treasurer’s Office, tasked with protecting these assets, reports annually on the total amount and the successes of returning them to their rightful owners.
Year after year, the statistics illustrate a compelling narrative—millions of dollars waiting to be claimed. Figures indicate that the State Treasurer’s Office receives over $100 million in unclaimed property per quarter. In the latest reporting year, the Treasurer’s Great Iowa Treasure Hunt, an initiative to reconnect owners with their property, has returned tens of millions to rightful claimants. This substantial amount underlines just how prevalent unclaimed assets are and the importance of citizens checking for unclaimed property.
The success rate of the return of these assets is high, with thousands of Iowans annually benefitting from the diligent work of the state to ensure property finds its way back to its owners.
Looking for Unclaimed
Check to see how you can claim lost cash and property.
Looking for Unclaimed
Check to see how you can claim lost cash and property.
Gather documentation and identification -Prepare your personal information, including your current address, a valid state ID or driver’s license, and your Social Security number. Be ready to affirmatively certify that you are the true owner of the property when you make your claim.
Complete claim form -The online claim form on Iowa’s Unclaimed Property Database will ask for your contact information and ownership details. Read the instructions carefully, as this will help avoid common mistakes that could delay the processing of your claim. Each field must be filled out accurately, especially where personal details are required.
Once your claim form, along with all the required documentation, reaches the State Treasurer’s Office, it is placed in a pending file in the order of the date received. Claims are then reviewed sequentially, respecting the order they were filed. The review process includes several steps:
1. The Treasurer’s office personnel carefully verify your identity and confirm that you are the legitimate claimant or heir to the property. This is done by checking the personal information and documents you have submitted against the data they have on record.
2. Each claim is scrutinized to try and ensure its validity. The officials check for any possible discrepancies or errors that might have occurred when the property was reported to the state.
3. After thorough examination, claims are either approved or rejected based on the evidence provided. If a claim is incomplete or raises questions, the Treasurer’s office might reach out to you for additional information or clarification.
4. You will be notified of the Treasurer’s decision. If your claim is approved, you will be informed about the disbursement process. In case of rejection, you will receive an explanation and instructions on any further actions to be taken.
Need to learn more about finding unclaimed money in a neighboring state? See our guides for Nebraska, South Dakota, Minnesota, Wisconsin, Illinois, and Missouri!
Iowa Department of Revenue - Unclaimed Property Division
Address
Great Iowa Treasure Hunt, Lucas State Office Building, 321 E. 12th St., 1st Floor, Des Moines IA 50319
Phone Number
515-281-5367
Office Hours
8:00 AM - 4:30 PM, Monday - Friday
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Looking for Unclaimed Money?
Check to see how you can claim lost cash and property.