Treasurer Fitzgerald’s Great Iowa Treasure Hunt Returns $18.5 Million During Fiscal Year 2021
DES MOINES, Iowa – With the fiscal year wrapping up on June 30, State Treasurer Michael Fitzgerald’s Great Iowa Treasure Hunt celebrates more unclaimed property being returned, even reaching a $300 million returned milestone. “In fiscal year 2021, which ran July 1, 2020 through June 30, 2021, over $18.5 million was paid out to more than 20,000 past and present Iowans through the Great Iowa Treasure Hunt,” said Fitzgerald. “In May, I announced the program reached $300 million returned, and I look forward to what we will accomplish in the upcoming year!”
The Great Iowa Treasure Hunt has been safeguarding and returning unclaimed property since Fitzgerald created the program in 1983. Unclaimed property refers to money and other financial assets that are considered lost or abandoned when an owner cannot be located after a specific period of inactivity. Forgotten bank accounts, sto
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Iowa auditor questions governor s spending for COVID-19 ads
DAVID PITT, Associated Press
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1of3FILE - In this March 17, 2021 file photo, Gov. Kim Reynolds speaks during a news conference, in Johnston, a suburb of Des Moines, Iowa. Iowa s Democratic auditor accused the state s Republican governor of violating a 2018 state law that prohibits statewide elected officials from using public funds for self promotion. Auditor Rob Sand argued Thursday, June 3 that Reynolds broke the law by making ads promoting coronavirus public safety measures. (Olivia Sun/The Des Moines Register via AP, File)Olivia Sun/APShow MoreShow Less
2of3FILE - In this Dec. 19, 2019, file photo, Iowa State Auditor Rob Sand speaks in Des Moines, Iowa. Sand accused the state s Republican governor of violating a 2018 state law that prohibits statewide elected officials from using public funds for self promotion. Sand argued Thursday, June 3, 2021, that Gov. Kim Reynolds broke the la
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State treasurer encourages Iowans with disabilities to save through IAble accounts Tuesday, May 4, 2021 3:00 PM State Treasurer Michael Fitzgerald, administrator of Iowa s ABLE plan, IAble, encourages individuals with disabilities to consider saving with the plan, especially if they are earning an income. IAble provides financial security and independence for individuals with disabilities who want to save money and maintain federal benefits, Fitzgerald said. Plus, account owners who are working have additional benefits when saving with the plan. The federal Stephen Beck Jr. Achieving a Better Life Experience (ABLE) Act authorized states to create ABLE programs; Iowa launched its program in January 2017. Under the ABLE to Work Act, eligible working ABLE account owners can contribute more than the $15,000 federal annual contribution limit. Currently, more than 1,070 individuals with disabilities are saving with IAble and $9 million is invested in the