openPR Logo
Press release

New Report: The Top 5 Places Seniors Have Hidden Unclaimed Property

09-05-2025 03:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Unclaimed Property for Seniors: A New Report From Beca Life Settlements

Unclaimed Property for Seniors: A New Report From Beca Life Settlements

Recovering even one of these hidden assets could cover prescriptions, travel, or a grandchild's college savings.
Many seniors sit on lost money they could reclaim right now by finding their unclaimed property. These five overlooked assets often hold more value than you might think. Recovering them can provide an income boost, and doing so doesn't have to be hard.

1. Life Settlement

A life settlement converts a no-longer-needed policy into cash. A buyer will pay you more money than if you surrendered the policy to your life insurance company, and the proceeds are often tax-advantaged, making it a great way to fund home repairs or medical care. You generally need to be age 65 or older with a policy face value of at least $100,000. Make sure you get several quotes before accepting one because it's like selling a house-you wouldn't take the first offer a buyer gives you. Let buyers compete for your policy. More info here. [https://becalife.com/]

2. Unclaimed Property

States safeguard unclaimed property such as dormant bank accounts, uncashed dividends, and the forgotten contents of safe-deposit boxes. They also hold unclaimed funds from utility deposits and rebate checks. You can find unclaimed money through a free unclaimed money search by Social Security Number on MissingMoney.com.

I've tried missingmoney.com for a Florida relative and it worked well. You may wonder "is missingmoney.com legit?" Yes, it is. MissingMoney.com is from the National Association of Unclaimed Property Administrators (NAUPA). You may also want to check other sites for your state with searches like "California unclaimed property" and "Florida unclaimed property."

3. Reverse Mortgage

Your home equity can become income through a reverse mortgage, which you can receive a line of credit, steady checks, or one lump sum. I've found clear guidance from HUD counselors, and their advice is free. Eligibility starts at age 62 and the home must be your primary residence. It's definitely worth a look.

4. Forgotten Pensions

Job changes scatter your retirement benefits in different places, so look for old 401k balances and pension promises via the Pension Benefit Guaranty Corporation and Department of Labor databases or the National Registry of Unclaimed Retirement Benefits. Finding old 401(k)s and rolling them into an IRA simplifies taxes and your investment choices.

5. Annuities

Seniors may have forgotten annuities purchased years ago through employers or insurance agents. These contracts can be overlooked when companies merge, change names, or if paperwork was misplaced, potentially leaving valuable retirement income unclaimed.

Key Takeaways

The top five hidden places seniors have unclaimed property are their own life insurance policies (getting a life settlement), unclaimed property, reverse mortgages, forgotten pensions, and old life insurance policies.

Recovering even one of these hidden assets could cover prescriptions, travel, or a grandchild's college savings.

With over two decades of combined experience, Yehuda Tropper and Chaim Tropper at Beca Life Settlements bring deep industry knowledge and hands-on expertise to life settlements. They've reviewed thousands of policies, advised hundreds of seniors, and built strong relationships with brokers and buyers to help clients make smart, informed decisions.

Media Contact
Company Name: Beca Life Settlements
Contact Person: Yehuda Tropper
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=new-report-the-top-5-places-seniors-have-hidden-unclaimed-property]
Phone: +1 848-456-8333
Address:1815 Lakewood Road Suite 107
City: Toms River
State: NJ
Country: United States
Website: http://www.becalife.com

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release New Report: The Top 5 Places Seniors Have Hidden Unclaimed Property here

News-ID: 4172102 • Views:

More Releases from ABNewswire

Sow Crazy: New Wildflower Seed Brand Launched to Support UK Pollinators and Urban Gardeners
09-05-2025 | Arts & Culture
ABNewswire
Sow Crazy: New Wildflower Seed Brand Launched to Support UK Pollinators and Urba …
A new independent brand, Sow Crazy [https://sowcrazy.co.uk], has officially launched with a mission to help more people create wildlife-friendly gardens across the UK. Sow Crazy specialises in curated wildflower seed mixes designed to encourage biodiversity in gardens, allotments, and community spaces. With urban green spaces under pressure, and widespread concern over declining bee and butterfly populations, the launch comes at a timely moment for gardeners seeking practical ways to support local
Alcoholic Hepatitis Market to Evolve Rapidly Over the Next Decade by 2034, DelveInsight Observes | Durect Corporation, Novartis, Intercept Pharmaceuticals, Immuron Ltd., Gilead Sciences
Alcoholic Hepatitis Market to Evolve Rapidly Over the Next Decade by 2034, Delve …
The Key Alcoholic Hepatitis Companies in the market include - Durect Corporation, Novartis, Intercept Pharmaceuticals, Immuron Ltd., Gilead Sciences, Hoffmann-La Roche, Cellaion SA, and others. DelveInsight's "Alcoholic Hepatitis Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of the Alcoholic Hepatitis, historical and forecasted epidemiology as well as the Alcoholic Hepatitis market trends in the United States, EU4 (Germany, Spain, Italy, France) the United Kingdom and Japan. To Know in
Vitiligo Market Positioned for Accelerated Development Through 2034, DelveInsight Finds | Pfizer, Clinuvel, Inc., Clinuvel Pharmaceuticals, Bioniz Therapeutics, TAGCyx Biotech
Vitiligo Market Positioned for Accelerated Development Through 2034, DelveInsigh …
The Key Vitiligo Companies in the market include - Incyte, Abbvie, Pfizer, Clinuvel, Inc., Clinuvel Pharmaceuticals, Bioniz Therapeutics, TAGCyx Biotechnologies, Temprian Therapeutics, Aclaris Therapeutics, TWi Biotechnology, Dermavant Sciences, Amgen, Pfizer, Incyte Corporation, and others. The Vitiligo market is expected to surge due to the disease's increasing prevalence and awareness during the forecast period. Furthermore, launching various multiple-stage Vitiligo pipeline products will significantly revolutionize the Vitiligo market dynamics. DelveInsight's "Vitiligo Market Insights, Epidemiology,
Keratoconus Pipeline 2025: FDA Approvals and Clinical Trials Landscape with MOA and ROA Highlights by DelveInsight | CooperVision, Optik Seis, SAFILENS S.R.L, Novartis, CIBA VISION, Menicon
Keratoconus Pipeline 2025: FDA Approvals and Clinical Trials Landscape with MOA …
(Las Vegas, Nevada, United States) As per DelveInsight's assessment, globally, Keratoconus pipeline constitutes 3+ key companies continuously working towards developing 3+ Keratoconus treatment therapies, analysis of Clinical Trials, Therapies, Mechanism of Action, Route of Administration, and Developments analyzes DelveInsight. "Keratoconus Pipeline Insight, 2025 [https://www.delveinsight.com/sample-request/keratoconus-pipeline-insight?utm_source=abnewswire&utm_medium=pressrelease&utm_campaign=gpr]" report by DelveInsight outlines comprehensive insights into the present clinical development scenario and growth prospects across the Keratoconus Market. The Keratoconus Pipeline report embraces in-depth commercial and clinical

All 5 Releases


More Releases for Unclaimed

Empowered Wealth Solutions: Bridging the Gap Between Consumers and Their Unclaim …
The process of mortgage foreclosure can be stressful, leaving many individuals unaware that they may be entitled to surplus funds after their property is sold. Empowered Wealth Solutions, LLC works to help consumers recover these excess funds, ensuring they receive what rightfully belongs to them. Image: https://www.globalnewslines.com/uploads/2025/03/9284d6812e8201b91530ef50f354b224.jpg In the often-overlooked world of foreclosure surplus recovery, Empowered Wealth Solutions stands as a trusted ally for consumers seeking to reclaim funds they never knew
Rapid Surplus Refund Helps Homeowners Recover Unclaimed Foreclosure Surplus Fund …
Boca Raton, FL - March 31, 2025 - Rapid Surplus Refund [https://rapidsurplusrefund.com/] is a surplus funds recovery service dedicated to helping homeowners reclaim unclaimed foreclosure surplus funds before strict state deadlines permanently absorb them. With operations in all 50 states, the company provides a hassle-free, no-upfront-cost process to assist homeowners in recovering their rightful funds efficiently and effectively. Image: https://www.globalnewslines.com/uploads/2025/03/c83b072ae9e1731ccf2c2faf74fe041a.jpg The Problem: Millions in Unclaimed Foreclosure Surplus Funds Many homeowners are unaware that
Exclusive Report on Unclaimed Asset Recovery Services Industry: Market Size will …
"Worldwide Market Reports offers a 70% discount on Unclaimed Asset Recovery Services Market Reports on Single User Access and Unlimited User Access" The Unclaimed Asset Recovery Services Market research study is a professional report with premium insights into the size of the business, current patterns, drivers, risks, potential outcomes, and major segments. The Industry Report forecasts the future growth of the market based on precise assumptions. Furthermore, based on input from
Forecasting the Future: Unclaimed Property Recovery Service Market 2031 and Revo …
The worldwide "Unclaimed Property Recovery Service Market" 2024 Research Report presents a professional and complete analysis of the Global Unclaimed Property Recovery Service Market in the current situation. This report includes development plans and policies along with Unclaimed Property Recovery Service manufacturing processes and price structures. the reports 2024 research report offers an analytical view of the industry by studying different factors like Unclaimed Property Recovery Service Market growth, consumption
New Sovereign Nation Emerges in Bir Tawil, Africa's Unclaimed Land
The Republic of Judan, a Government-in-Exile, has announced a referendum for the residents of Bir Tawil, Africa, in an effort to establish a new sovereign nation in the region. The referendum, set to take place at a date to be announced, will determine whether the residents of Bir Tawil would like to become citizens of the Republic of Judan and support it's bid for recognition as the newest African state. The
Cash Unclaimed Educates Public On How to Find Unclaimed Money
Cash Unclaimed, considered one of the world's largest databases for searching for unclaimed money, is hoping to teach all Americans how to find unclaimed money online at CashUnclaimed.com. December 29th, 2011, Huntington Beach, CA – According to recent estimates, 9 out of 10 Americans are owed money that is sitting in State, local and Federal Treasury accounts. With no one stepping up to claim this money, these government entities have no