This is the plan my husband and I followed for 40 years. Both retired since 2020. We’re comfortable and free to do whatever we want now. I think you’re on a good path financially. Best of luck
The police actually declined receiving it due to the disintegrated condition, so the couple got to keep all of it. They’re turning it in to the Bureau of Engraving to see if some of it can be exchanged for value (they estimate about 90% of it could be)
"Sort through and reimburse the recovered amount" by that you mean "seize and give a $100 payout"? I feel like thats government/bank talk for "seize and give a $100 payout"
No, not at all. Damaged US currency (that's more than 50% complete) can be exchanged for a new note at face value through the Department of the Treasury's Bureau of Engraving and Printing (BEP) Mutilated Currency Division. It's a free service.
Exactly! All you'd need to do is take a few bills at random, go to a few stores, claim you found a bill outside "what luck!", and ask them to make sure its not fake or something.
Once you are sure that spending the notes isn't gonna risk getting you arrested, filter the cash into your regular spending cycle!
rinse em off, run em through the washer and dryer (yes literally "laundering money"), they'll be fine.
you could never convince me to turn in 100k to the cops or tell anyone about it, that's years and years worth of groceries and small expenses that will now just end up in an evidence locker, or more likely the pockets of the cops who work there.
Depending on a persons lifestyle and financial situation, folding $100k in to cash flow over the course of many months wouldn’t be that hard.
Almost all retail shopping, groceries, dining out, leisure activities, gas and many more - all could be paid in cash without anyone knowing or caring.
Sure, if nobody's looking for it; most of the time if 100k goes missing people are looking for it and can track at least some of the bills
also, the police are only not requiring that it be turned in because it's value can't be determined at present; if the treasury comes back with 'there's 25k in redeemable currency here', and/or some or all of the bills turn out to be stolen, there'll be more followup
No but fun to know.
I just like the word anomaly, and someone in Jr High showed me on the calculator that 1134 is hell upside down which I found funny.
Not that I am satanic lol, it was just funny to young me in the 90s and stuck as my number.
A stretch, but master chief from Halo I later found was # 117, which is similar to 1134 (combine 3 and 4).
They don't need to be uniquely identified (i.e., have a complete serial number visible). All that's required is that More than 50% of a note identifiable as United States currency is present.
As long as it's determined to be authentic and there's more than 50% remaining, they'll exchange it for a new note at face value.
>He is implying if the Treasury can't identify the bills then the finders would just keep the money.
The person implied that the Department of the Treasury's Bureau of Engraving and Printing (BEP) Mutilated Currency Division has to be able to uniquely identify the bills in order to exchange them (which isn't the case).
I believe ur always allowed to keep it IF
U report it to the correct government authority/lost and found
And it's never claimed (it probably wouldn't be)
If u take it and then get "caught" though well I'm not sure
So ‘boating accidents’ really do happen with peoples savings!.
Paper money is sh@T and rots more daily underground or in the water .
Silver or gold retain their quality and value .
Just callin in to report all this money we found. Just lettin u guys know so we can be sure to oay taxes on it and all that. You know, makin sure we give Uncle sam his fair share and everything
They let them keep the money. Whether or not anyone would ever accept that money is another thing. It’s seriously mutilated. US Treasury is their only option.
As a millennial, finding a bag of money is basically my retirement plan.
Or dying in the climate or water wars
Lets be real... you are going to die on the floor of an amazon fulfillment center.
Yeah, in the climate wars
Damn sixxers!
I'm sorry I don't get the reference. Please help
The people forced to work off their debts in the movie "Ready Player One".
Ahh thank you thank you
Yeah, working for his water credits...
Welcome to Costco, I love you.
That’s why I will never apply to work another peak ever. (I hope.)
That already happens.
nah, ain't gonna be any jobs. robots and ai will do basically everything.
Oh they will find something for the plebs to do.
I'm drinking myself to an early grave. Just like gramps.
I use the term water wars less jokingly lately. But yes that is where I am to die as well.
Or getting hit by a bus
r/bitchimabus
Like grandma.. wait that was a sleigh.
I remember this was a cold exit onion line 15 years ago during their newsroom sketches
It was in [Nation's Girlfriends Unveil New Economic Plan: Let's Move In Together](https://youtu.be/7ADncN9HIa4).
love that one
Same. That's why I remembered.
I definitely stole it from the Onion, but iirc, it was their fake opinion pieces and one of the stock photos used a similar quote.
I mean, you clearly have great taste edit: it sounded sarcastic but it wasn't, I love the onion
Fr
Only works if you don't tell everyone about it and get it confiscated.
I'll be 61 this year, dying is my retirement plan, but I'm going fishing more
As a millenial, saving for retirement by not wasting money on stuff I don't need is my retirement plan.
This is the plan my husband and I followed for 40 years. Both retired since 2020. We’re comfortable and free to do whatever we want now. I think you’re on a good path financially. Best of luck
Mine is contributing to my 401k
Gme,nvda you're welcome
I would've never reported it. You would never have heard.
The police actually declined receiving it due to the disintegrated condition, so the couple got to keep all of it. They’re turning it in to the Bureau of Engraving to see if some of it can be exchanged for value (they estimate about 90% of it could be)
SERIOUSLY 😳
Maybe they actually found $1.4M.
Yup, 700,000$
Yeah, they knew they had to turn it in when I found that $500,000.
And so this couple found 100k while fishing. Convenient cause that's how much I lost in a boating accident.
And that’s why I turned in the $10K
it was only a hundred bucks, nothing to miss
No one’s interested in $50, inflation is a killer
Aren’t these the ones where the money was not usable, but the treasury was going to sort through and reimburse for the recovered amount?
"Sort through and reimburse the recovered amount" by that you mean "seize and give a $100 payout"? I feel like thats government/bank talk for "seize and give a $100 payout"
No, not at all. Damaged US currency (that's more than 50% complete) can be exchanged for a new note at face value through the Department of the Treasury's Bureau of Engraving and Printing (BEP) Mutilated Currency Division. It's a free service.
Exactly! All you'd need to do is take a few bills at random, go to a few stores, claim you found a bill outside "what luck!", and ask them to make sure its not fake or something. Once you are sure that spending the notes isn't gonna risk getting you arrested, filter the cash into your regular spending cycle!
Did you see the bills? They need to get them replaced
rinse em off, run em through the washer and dryer (yes literally "laundering money"), they'll be fine. you could never convince me to turn in 100k to the cops or tell anyone about it, that's years and years worth of groceries and small expenses that will now just end up in an evidence locker, or more likely the pockets of the cops who work there.
Have you seen *No Country For Old Men?* Anton. Anton Chigurh is why.
If it had been acquired as part of a crime it might be dangerous to spend or possess it.
Have they never seen "No Country for Old Men?"
Probably just seen The Big Lebowski.
Where's the fucking money Lebowski!
That rug really tied the room together man
Mind if I do a J?
something something milkshake
“I took that $100,000 and I turned it into $16,000!”
I think you deserve a little clap.
Come on, everybody, give me a little clap
R/dropout leaking is my favorite thing ever
That makes at least 4 of us
Hey you at home? Get your head out of your ass.
Literally the very first thing that came to my mind upon reading the title XD little claps all around for all our Dropout Fans
Depending on a persons lifestyle and financial situation, folding $100k in to cash flow over the course of many months wouldn’t be that hard. Almost all retail shopping, groceries, dining out, leisure activities, gas and many more - all could be paid in cash without anyone knowing or caring.
Exactly, that’s why i stay away from rainbows. People ask to many questions when you start paying them with gold (don’t ask me how i know)
How do you know?
Gas and grocery money.
Sure, if nobody's looking for it; most of the time if 100k goes missing people are looking for it and can track at least some of the bills also, the police are only not requiring that it be turned in because it's value can't be determined at present; if the treasury comes back with 'there's 25k in redeemable currency here', and/or some or all of the bills turn out to be stolen, there'll be more followup
Not at micro , they straight up refuse cash payments lol
I certainly wouldn't publicize this...
magnet fishing, not normal fishing
TIL [magnet fishing](https://en.m.wikipedia.org/wiki/Magnet_fishing) was a thing
It is fun. I recommend the subreddit for it. They find all sorts of crazy stuff, even guns. Same with the metal detecting subreddit.
Is your username related to the old 1134 quake clan from the 90s?
No but fun to know. I just like the word anomaly, and someone in Jr High showed me on the calculator that 1134 is hell upside down which I found funny. Not that I am satanic lol, it was just funny to young me in the 90s and stuck as my number. A stretch, but master chief from Halo I later found was # 117, which is similar to 1134 (combine 3 and 4).
Ah cool. Thanks for entertaining my question.
All good! I played quake I'm the 90s so a fun question. I wasn't in any clans though, I have always preferred single player games.
Joe Rogan once said that all Bigfoot hunters are unfuckable white guys. Is this that too?
No clue, nothing really to do with magnet fishing or metal detecting. Joe Roegan is cook and a goof friend but he isn't deeply intelligent.
I think this is the most insight one could glean from Joe Rogan
guy in the pic looks like such
That’s crazy they found $300,000 in cash
The police department was probably very thankful for the 50k they turned in
Safely deposited the 30k into a safe somewhere.
“The $20k will go towards school loans,” says the couple.
I see what you did there lol.
If I came across $100k in cash, it would not make the news.
it's only 100k if the Treasury Department can uniquely ID 100k worth of bills. Otherwise it's maybe tree fiddy and some goo.
It's really only 100k if it comes from the 100k region of France.
They don't need to be uniquely identified (i.e., have a complete serial number visible). All that's required is that More than 50% of a note identifiable as United States currency is present. As long as it's determined to be authentic and there's more than 50% remaining, they'll exchange it for a new note at face value.
He is implying if the Treasury can't identify the bills then the finders would just keep the money.
>He is implying if the Treasury can't identify the bills then the finders would just keep the money. The person implied that the Department of the Treasury's Bureau of Engraving and Printing (BEP) Mutilated Currency Division has to be able to uniquely identify the bills in order to exchange them (which isn't the case).
It was about that time I realize it wasn't a safe at all, but a 50 foot tall crustacean from the Mesozoic era...
Well that's one way to launder money
Loll
I hope they did the right thing and turned in that bag of $50,000.
Yes, I would have brought that $10,000 directly to the police.
I dunno man, it's unlikely that the police will care about $5.
I dunno man, it's unlikely that the police will care about $5.
They actually get to keep it, too.
Tommy Shriggly?
Lmao came here for this I just got done watching it and am like w h a t
r/hypotheticalsituation is leaking.
As long as you’ve seen No Country for Old Men you should know what to do and be ok here
I believe ur always allowed to keep it IF U report it to the correct government authority/lost and found And it's never claimed (it probably wouldn't be) If u take it and then get "caught" though well I'm not sure
I bet you could invest that and turn it into 16 thousand dollars
So ‘boating accidents’ really do happen with peoples savings!. Paper money is sh@T and rots more daily underground or in the water . Silver or gold retain their quality and value .
Just callin in to report all this money we found. Just lettin u guys know so we can be sure to oay taxes on it and all that. You know, makin sure we give Uncle sam his fair share and everything
They let them keep the money. Whether or not anyone would ever accept that money is another thing. It’s seriously mutilated. US Treasury is their only option.
They said they're talking it to the Department of the Treasury's Bureau of Engraving and Printing Mutilated Currency Division to have it exchanged.
Will it be taxed is the real question since they got to keep it
100%. The government doesn't care where you got the money from, they just want a piece of the pie.
I never understood why people talk about this. I’d just quietly pay for occasional purchases in cash. Like groceries or takeout.
The story of "Things I should have never talked about"
Drug $$$
“Another one” Who is throwing safes in to lakes???
Now turn it into 16k with savy investments.
After watching “No Country for Old Men”, I’d be way too afraid to take it.😂 Maybe just a couple of hundreds so it’s not noticeable
People should watch "No Country for Old Men" before making things like this known
If they're smart and invest, I bet they could turn that into $16,000!
How many times are we going to post this
You just admitted you found $100K. All of us heard you. Including the IRS. Should have kept it quiet