De-Clutter Your Financial Records
05/15/24
If you keep hundreds of financial documents on hand, the mountain of paper can be overwhelming and unnecessary. Here�s a guide to help you shrink your stacks of paperwork to a manageable proportion. (Note that if a document supports your tax return you should keep it for six years � if not, follow the guide below.)
Document Type | Discard After |
Credit card bills | One month (or six years if it supports your tax return) |
Receipts | End of warranty |
Medical bills | One year |
Pay stubs | You get your W-2 |
Tax return support documents | Six years after return is filed |
Stock, bond, fund statements | Six years after return is filed |
Tax returns | Never |
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This article contains general information only. Sunflower Bank is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. This article is not a substitute for such professional advice or services, before making any decisions related to these matters, you should consult a qualified professional advisor.