Expiration Date Tracker

When Can You Safely Discard These Important Documents?

Summer may be here, but it's never too late to start on "spring cleaning" tasks. As you sort through your belongings, including paperwork, it’s important to not throw out any important documents you may need down the road.

Use our Expiration Date Tracker before you start shredding to help you determine if make sure it's safe to dispose of your files.
Bank deposit slips After you reconcile your statements
Banking statements After a calendar year; store with tax returns if any will be used to prove deductions
Employer defined benefit plan communications Never
Investment statements (brokerage, 401(k), IRA, Keogh) Monthly and quarterly, depending on when you receive new statements; save annual statements until you sell the investments
Investment purchase confirmations and 1099s
Hold until you sell the securities, then keep with your tax records for an additional seven years
Life insurance policies Never, if still in force; store in your safe-deposit box
Safe-deposit box inventory Never, but review and update each year
Social Security statements Shred an old statement when you receive a new one
Tax returns and related documents After seven years

Time to Start Planning

As you start on your cleaning projects, consider how you can help the organizations and places you care about, like MultiCare program. We can help you get started by discussing gift options that could work for you and your family. Contact our gift planning team at plannedgiving@multicare.org or 253-403-3093 to get started.