Keane's Unclaimed Property Blog

Pennsylvania’s Newly Enacted Roth IRA Provision Departs From Traditional Requirements

The new Pennsylvania law established by HB 278 and signed by the Governor on July 10, 2014, adds a provision that specifically addresses Roth IRAs which is unlike any other state’s provision. Most states do not have a statutory provision specifically requiring the escheatment of Roth IRAs. The typical statutory provision addressing traditional IRAs identifies […]

Pennsylvania Dormancy Period Reductions Effective Immediately

Following the passage of House Bill 278 last week, the provisions reducing Pennsylvania’s dormancy periods for all property types became immediately effective. Pennsylvania House Bill 278 was signed into law by Governor Corbett on July 10, 2014 and provides significant changes to Pennsylvania’s unclaimed property laws. While the Treasurer’s office has confirmed that the Pennsylvania […]

Keane Experts Participate in Canada Unclaimed Property Holder Seminar

In the last few months, we have discussed the recent developments of Canadian unclaimed property laws and programs across the provinces.  In an effort to further holder education and receive insight from industry experts, the Unclaimed Property Professionals Organization (UPPO) hosted a seminar for industry professionals this past week in Toronto, Canada. Keane attended and […]

How To Comply With Unclaimed Property Reporting Regulations This Fall

Unclaimed property reporting regulations are fast-moving and ever changing. With the fall escheat reporting season right around the corner, are you ready? If you are responsible for managing your company’s unclaimed property reporting process, we invite you to join us on July 24th at 3:00pm Eastern for a free, 1-hour webinar packed with reporting best […]

Changes May Be on the Horizon for Pennsylvania Unclaimed Property Regulations

New requirements have been proposed that will impact Pennsylvania unclaimed property laws and holder’s obligations following an amendment to an existing bill. House Bill 278 was amended on July 1, 2014 and proposes significant changes to the state’s unclaimed property law and audit environment. The bill seeks to amend various aspects of Pennsylvania’s unclaimed property […]

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