Okay, Taxes Filed. Now Should You Shred Or Store...

What to Keep/Throw Away?

Now that your taxes are filed, take the time to go through your financial papers and decide what to shred and store. Here are a few tips to help you keep what’s important and get rid of the rest.

Toss:

• Old Social Security statements
• Credit card, credit union or bank statements, and ATM receipts (once you’ve verified your monthly statement)
• Utility bills (if not needed for tax purposes) 
• Pay stubs
• Old annual reports from investments

Keep:

• Legal documents like wedding license, divorce papers, birth certificates, and deeds
• Supporting tax documents in case of audit for up to three years
• Home improvement records until you sell the house
• Active policies like insurance, medical, and pensions or retirement account

Remember to shred unwanted documents to help prevent identity theft or fraud.  Use a personal shredder or participate in our upcoming shredding event.

Free Shred Day!  Come Celebrate Earth Day With Us…

Saturday, April 21st

West Main office, 12pm – 2pm, 5018 West Main Street, Kalamazoo

Milham office, 2:30pm – 4pm, 1065 West Milham Avenue

For a more comprehensive list of items to save or toss, with a timetable, visit http://www.suzeorman.com/ under “Record Keeping.”