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Millions of dollars worth of unclaimed CD account balances sit at banks and in state coffers, waiting for their owners to claim them. Is any of it yours? Elevate your Bankrate experience Get insider access to our best financial tools and content Elevate your Bankrate experience Get insider access to
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How to treat unclaimed property, including unclaimed paychecks, for accounting purposes, and how to comply with state laws. Comstock / Getty Images You may have payables (unclaimed checks) you are unable to send to a vendor, over-payments to a customer, a paycheck unclaimed by an employee, or other
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Bank accounts become unclaimed after 7 years if the account is inactive (no deposits or withdrawals). Life insurance policies become unclaimed 7 years after ...
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