Here's what happens to your money if inflation relief funds are not claimed by Thursday deadline
Briefly

Here's what happens to your money if inflation relief funds are not claimed by Thursday deadline
"You have to activate it AND move the funds off of it before the deadline. ANY funds remaining on a Middle Class Tax Refund debit card - activated or not - will disappear at the deadline."
"Any money that is still unspent or un-transferred from your card gets reclaimed by the state at the deadline. It needs to be OFF THE CARD to be 'safe.'"
"You should transfer it off the card and have it sent to your bank account. You will need to activate the card and register it at mctrpayment.com or on the Money Network Mobile App."
"If you received your tax refund that year as a direct deposit, you got these relief funds sent to you also as a direct deposit."
Californians have until April 30 to claim $600 million in unclaimed inflation relief funds. Activation of the debit card is necessary, and any remaining funds will be forfeited after the deadline. Even a small unspent amount will be reclaimed by the state. If unable to spend the funds, individuals should transfer the money to their bank accounts. Those who received tax refunds via direct deposit also received the relief funds directly, without a card.
Read at ABC7 San Francisco
Unable to calculate read time
[
|
]