Lost Funds Continue To Harm The US
Lost funds are costing the US government millions of dollars a year and now residents can help out by claiming lost funds.
Online, May 16, 2013 (Newswire.com) - Lost funds are costing the US big and treasurers around the country are calling on all residents for help. Right now, in every state, lost funds are piling up in the form of unclaimed wages, abandoned bank accounts, misplaced 401K accounts and many more sources. Up until this point, the money has been sitting in lost funds account, where it has been hurting the US in a number of ways.
Lost funds hurt the economy first and foremost. With the money taken out of circulation, the Federal Reserve is pressured to print even more money to make up for the loss, and the dollar is devalued even more. If residents were to help out by claiming lost funds, the economy in all fifty states might improve, and the US as a whole would become stronger as a result.
Treasurers are also hurt by lost funds. It is the treasurer's job to appropriate any money that flows in to the lost funds accounts. If the person has moved away and there's no record of the new address, the treasurer's job becomes infinitely difficult. By allowing residents to help out by claiming lost funds, treasurers hope to alleviate some of their burden so that those treasury offices can focus on other, more important matters.
The residents who legally own the lost funds are hurt by this growing problem as well. By attempting to help out by claiming lost funds, those residents who are owed money can finally put more cash in their pockets, essentially recouping all that money they may have lost months or years ago.
The fact is, residents around the country are owed lost funds and most are oblivious to that fact. If any US residents want to help out by claiming lost funds, they can visit the lost funds database page at http://www.CashUnclaimed.com
About Cash Unclaimed: Considered one of the world's largest databases for finding and claiming lost funds, treasurers around the country are urging residents to use the database to help out by claiming lost funds, which officials hope will alleviate the country's unclaimed money problem once and for all.
Contact:
Nicole Anderson
Cash Unclaimed
19881 Brookhurst St #C-285
Huntington Beach, CA 92646
714-277-3040 x707
[email protected]
http://www.CashUnclaimed.com
###
Share:
Tags: claiming lost funds, help out by claiming lost funds, lost funds
