Just a quick personal finance tip for any of my readers from the U.S.: Ensure your address is UP-TO-DATE!

 

According to the IRS, the U.S. Postal Service has returned $266 million worth of stimulus cheques and tax refunds to them simply because taxpayers’ addresses are out of date. Apparently, close to 280,000 stimulus cheques worth $166 million and more than 104,000 refund cheques worth $103 million have yet to be claimed. The average of those unclaimed stimulus cheques is $583, while the average tax refund is $988.

                   

If you think you’re one of those whose cheque was sent back to the IRS, you have until November 28 to update your address with them so as to receive your money this year. For information on how to update your address, visit the IRS website and click on the “Individuals” tab at the top of the screen; then click on “Where’s My Refund?”