Which item determines the disposition of unclaimed wages?

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Multiple Choice

Which item determines the disposition of unclaimed wages?

Explanation:
Disposal of unclaimed wages is determined by state unclaimed property laws. After wages are considered abandoned under the state’s dormancy period, they become property of the state and are escheated to the state’s unclaimed property program. Federal law does not provide a general rule for escheatment of wages, so the governing rules come from the state. Therefore, state law only determines the disposition.

Disposal of unclaimed wages is determined by state unclaimed property laws. After wages are considered abandoned under the state’s dormancy period, they become property of the state and are escheated to the state’s unclaimed property program. Federal law does not provide a general rule for escheatment of wages, so the governing rules come from the state. Therefore, state law only determines the disposition.

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