War bonds are designed to help nations fund wartime needs while also providing the promise of financial security to the war bond purchasers. The idea is that the war bonds will appreciate in value as the years go by. This usually causes people to store the war bonds the moment they’re purchased. They’re either stuck in a basement or attic or they’re stored away in a safe deposit box in the vault of the local bank. In many cases, the war bonds are hidden all too well. This amounts to billions of dollars in lost war bonds. If you or someone in your family purchased war bonds years ago and you’re not sure where they went, you may want to attempt to claim lost war bonds using a simple online search.
In Category: "Lost Money"
How Taxes Become Lost Funds
April 15th, the day all Americans are required to file their taxes, has come and gone and right now the IRS is busy tallying the results. The agents at the Internal Revenue Service need to make sure that all filed returns are correct and that everyone who was supposed to pay has done so accordingly. If the agents find overpayments or if the agents themselves make mistakes, the funds that were intended to go to the original filer can end up as lost funds. Keep reading to find out how lost funds from taxes are a regular occurrence and what you can do to find lost funds that may be floating around out there with your name on them.