Recently, thousands of New York residents received an unexpected check of up to $250. Although it may look like a new stimulus payment, these checks are actually part of a state program that returns money to people that is rightfully theirs.
What Is This Program?
The checks come from the New York State Comptroller's Office. Over the years, the state has collected about $13 billion from things like forgotten bank accounts, uncashed paychecks, and unused gift card balances.
Instead of waiting for people to claim their money, the state is now sending it directly to them.
Comptroller Thomas DiNapoli started this initiative, and the office says its goal is simple: make sure money goes back to the people who own it.
How Do People Get the Checks?
If you are owed money, you do not need to apply for anything or fill out any forms. The payment is sent automatically if you qualify. The checks are for people who have unclaimed property or funds in the state’s records.
Why Is This Happening?
New York wants to make it easier for people to get money that belongs to them. Many residents are owed small amounts simply because they forgot about an old bank account or paycheck.
This new process delivers the funds directly, helping citizens receive financial relief without any hassle.
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