Why did I get this notice?
Fidelity attempts to notify you to confirm we have your correct address and contact information to prevent your assets from being identified as abandoned. Abandoned assets (including your accounts and/or uncashed checks issued from your accounts) may be at risk to be sent to your state's unclaimed property division.
Typically, if the owner of the assets does not take action on his property for a certain period of time, usually a three- or five-year period depending on the state's laws and property type, the assets might be considered abandoned. Based on your state's guidelines, your assets might be considered abandoned or unclaimed if any, or all, of these conditions exist:
- Returned mail—the U.S. Post Office returns the mail we've sent to your address as undeliverable.
- Uncashed checks—the checks issued from your account haven't been cashed.
Inactivity—the account owners haven't contacted Fidelity or had any account activity for a long time.
Note: Contact and activity can include, but aren't limited to, logging in to your account on Fidelity.com, calling a representative who is on a recorded telephone line, or completing certain maintenance activities and/or transactions.
If your state—based on its laws and the property type—determines your assets are abandoned, the assets may be turned over to the state.
