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.
|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 firstname.lastname@example.org or 253-403-3093 to get started.