Written By: Melanie McConnell
Feeling overwhelmed by paper? Wondering what paperwork to keep and what to toss? We have compiled a list on how long you should keep paper items. Note: That if you have an electronic copy of the items below you DO NOT need to keep a paper copy. Lot’s of businesses are going paper free! Sign up for this option at every chance you get. It helps the planet and provides an easy online space for you to find your important documents for years.
Here are time frames on how long you should keep paper items.
Credit card bills
ATM receipts/bank deposit slips
Monthly mortgage statements
Car insurance records
Home and contents insurance records
Pay stubs from your employer
Dividend statements from companies
Summaries from managed investment funds
Old tax returns
Tenant and rental records
Real estate title documents
Powers of attorney
Social Security Cards
Remember: To shred anything with important information on it.