This is a list of important documents you should keep and the recommended length of time you should keep them. Some things you need to keep forever. Some things can be shredded and disposed of long before forever gets even close!
|
Document |
|
How Long To Keep It |
|
Bank statements |
6 years |
|
|
Birth certificates |
Forever |
|
|
Canceled checks |
6 years |
|
|
Contracts |
Until updated |
|
|
Credit card account numbers |
Until updated |
|
|
Divorce Papers |
Forever |
|
|
Home purchase and improvement records |
As long as you own the property or are rolling over profits from it into new property |
|
|
Household inventory |
Until updated |
|
|
Insurance, life |
Forever |
|
|
Insurance, car, home, etc. |
Until updated |
|
|
Investment Records |
6 years after tax deadline for year of sale |
|
|
Investment certificates |
Until cash or sold |
|
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Loan agreements |
Until updated |
|
|
Military service records |
Forever |
|
|
Real estate deeds |
As long as you own the property |
|
|
Receipts for large purchases |
Until sale or discard |
|
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Service contracts and warranties |
Until sale or discard |
|
|
Social Security card |
Forever |
|
|
Tax returns |
6 years from filing date |
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Vehicle titles |
Until sale or disposal |
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|
Will |
Until updated |
March 22, 2008
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