Authorities in Pennsylvania have taken an important step toward returning money to citizens by announcing a new round of checks from the Pennsylvania Money Match program, including the $500 stimulus payment.
These automatic payments, totaling more than $9.2 million, are part of a new legislative initiative aimed at simplifying the process of returning unclaimed property.
Treasurer Stacy Garrity, along with several lawmakers, has urged residents to monitor their mailboxes, assuring them that this is “real money” that can be used to meet basic needs.
This innovative program, which was unanimously approved last year, allows the Pennsylvania Treasury to begin automatically returning single-owner properties worth up to $500.
Unlike traditional claims processes, which frequently require citizens to initiate the search and submit documentation, Money Match identifies and verifies eligible owners before sending checks directly.
What is the Pennsylvania Money Match program?
The Pennsylvania Department of Treasury’s Money Match program allows for the automatic return of certain unclaimed property.
The initiative is based on a law passed by the General Assembly with the goal of making it easier for citizens to recover funds that they are entitled to but were previously unaware of.
How to apply for the $500 stimulus payment in Pennsylvania?
According to authorities, those interested in obtaining this benefit must first create an online account on the official website and submit the requested documentation.
Typically, the tests involve verifying one’s address or social security number. The application will be forwarded to the official body, and payment will be confirmed within 45 days.
When can you expect your unclaimed property refund?
Pennsylvania Money Match checks are mailed out quarterly. The second round, totaling 39,045 checks, was recently distributed. The next round of notification letters, totaling approximately 40,000, is scheduled to be sent in August.
