# RCW 63.30.050: RCW 63.30.050: Tax deferred retirement account presumed abandoned > Washington · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S050 ## Section - **Citation:** RCW 63.30.050 - **Heading:** RCW 63.30.050: Tax deferred retirement account presumed abandoned - **Jurisdiction:** Washington - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Washington Code / Title 63 / Chapter 30 / Section 050 ## Text (1) Subject to RCW 63.30.120 , property held in a pension account or retirement account that qualifies for tax deferral under the income tax laws of the United States is presumed abandoned if it is unclaimed by the apparent owner three years after the later of: (a) The following dates: (i) Except as in (a)(ii) of this subsection, the date a second consecutive communication sent by the holder by first-class United States mail to the apparent owner is returned to the holder undelivered by the United States postal service; or (ii) If the second communication is sent later than 30 days after the date the first communication is returned undelivered, the date the first communication was returned undelivered by the United States postal service; or (b) The earlier of the following dates if the apparent owner is required to take a distribution to avoid a tax penalty: (i) The date the apparent owner reaches the required minimum distribution age to avoid a tax penalty under Title 26 U.S.C. Sec. 4974 of the internal revenue code, if determinable by the holder; or (ii) Two years after the date the holder: (A) Receives confirmation of the death of the apparent owner in the ordinary course of its business; or (B) Confirms the death of the apparent owner under subsection (2) of this section. (2) If a holder in the ordinary course of its business receives notice or an indication of the death of an apparent owner and subsection (1)(b) of this section applies, the holder must attempt not later than 90 days after receipt of the notice or indication to confirm whether the apparent owner is deceased. (3) If the holder does not send communications to the apparent owner of an account described in subsection (1) of this section by first-class United States mail, the holder must attempt to confirm the apparent owner's interest in the property by sending the apparent owner an email communication not later than two years after the apparent owner's last indication of interest in the property. However, the holder promptly must attempt to contact the apparent owner by first-class United States mail if: (a) The holder does not have information needed to send the apparent owner an email communication or the holder believes that the apparent owner's email address in the holder's records is not valid; (b) The holder receives notification that the email communication was not received; or (c) The apparent owner does not respond to the email communication not later than 30 days after the communication was sent. (4) If first-class United States mail sent under subsection (3) of this section is returned to the holder undelivered by the United States postal service, the property is presumed abandoned three years after the later of: (a) Except as in (b) of this subsection, the date a second consecutive communication to contact the apparent owner sent by first-class United States mail is returned to the holder undelivered; (b) If the second communication is sent later than 30 days after the date the first communication is returned undelivered, the date the first communication was returned undelivered; or (c) The date established by subsection (1)(b) of this section. (5) This section does not apply to property held in a pension account or retirement account established by the state of Washington or any local governmental entity under chapter 41.28 RCW. ## Nearby sections - [RCW 63.30.010 RCW 63.30.010: Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S010.md) - [RCW 63.30.020 RCW 63.30.020: Inapplicability to foreign transaction.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S020.md) - [RCW 63.30.030 RCW 63.30.030: Rule making.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S030.md) - [RCW 63.30.040 RCW 63.30.040: Property presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S040.md) - [RCW 63.30.050 RCW 63.30.050: Tax deferred retirement account presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S050.md) - [RCW 63.30.060 RCW 63.30.060: Other tax deferred account presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S060.md) - [RCW 63.30.070 RCW 63.30.070: Custodial account for minor presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S070.md) - [RCW 63.30.080 RCW 63.30.080: Contents of safe deposit box presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S080.md) - [RCW 63.30.090 RCW 63.30.090: Stored value card presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S090.md) - [RCW 63.30.100 RCW 63.30.100: Security presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S100.md) - [RCW 63.30.110 RCW 63.30.110: Related property presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S110.md) - [RCW 63.30.115 RCW 63.30.115: Funeral service contracts—Trusts presumed abandoned.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S115.md) - [RCW 63.30.120 RCW 63.30.120: Indication of apparent owner interest in property.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S120.md) - [RCW 63.30.130 RCW 63.30.130: Knowledge of death of insured or annuitant.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S130.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T63_C30_S050. Check the current official text before relying on it. Not legal advice.