New York Sends Automatic Checks from Unclaimed Funds

New York residents may soon receive surprise checks of up to $250 from the state due to a new law that allows the comptroller's office to automatically distribute unclaimed funds without requiring residents to file claims. This change aims to simplify the process, which previously required individuals to request even small amounts of money owed to them from sources like old bank accounts, investments, and gift cards. Comptroller Thomas P. DiNapoli announced that over $11 million has already been distributed in 2025, and more than $1.5 million is returned daily from unclaimed financial assets. The initiative is part of a larger effort to address the $19 billion in unclaimed funds across the state, with in-person events scheduled to help residents learn about and claim larger amounts. Checks are expected to be mailed out this month, providing an unexpected financial boost to many. Individuals can check their eligibility for unclaimed funds online or by attending local workshops.