|
Personal
Record
Retention: What to Keep and How Long
|
Record |
Retention
Period |
Payroll
stubs
|
1
year |
|
Bills
& credit card statements
(if not claiming tax deduction)
|
1
year |
|
Bank
deposit slips & statements
|
7
years
|
|
Canceled
checks
|
7
years
|
|
Contracts
|
Permanent
|
|
Home
improvement records
|
Ownership
plus 7 years
|
|
Income
tax returns and any tax related records
|
6
years
|
|
Investment
records (IRA, Keogh, pension papers, insurance policies, contracts,
etc.)
|
Permanent
|
|
Personal
financial statements
|
Permanent
|
|
Personal
records (birth certificates, military, marriage, divorce, adoption
records, custody agreement, and naturalization papers)
|
Permanent
|
|
Real
estate records and transactions
|
Permanent
|
|
Stock
records
|
Permanent
|
|
|
If you're ready to let the
FVBK Team go to work for you, contact us now.
|
