How long do you save your pay stubs and bank statements?

N.Y.bride Posted: May 16, 2006 03:35 PM

How long do you save your pay stubs and bank statements?

I am so bored I am sorting through all my papers

I have pay stubs from 2002!!

How long do you save them for? I want to widdle down this pile!

CLMon7906 Posted: May 16, 2006 03:39 PM

Re: How long do you save your pay stubs and bank statements?

i think that what i used to do is save the pay stubs until the next check...and then i would save the last one from december until after my taxes were done/had my W-2. you are supposed to save tax returns for 3 years....but FILs save ALL the bills, all the the receipts AND the returns....she has crates from way back when they got married...of course, FFIL is in accounting so it's par for the course...

sr081906 Posted: May 16, 2006 03:43 PM

Re: How long do you save your pay stubs and bank statements?

I thought you were to supposed to save them for backup for retirement. In case of 'issues'. Not sure though!!!

I keep papers for 7 years (tax purposes)... I am a lunatic!!!

CLMon7906 Posted: May 16, 2006 03:46 PM

Re: How long do you save your pay stubs and bank statements?

Posted by sr081906

I thought you were to supposed to save them for backup for retirement. In case of 'issues'. Not sure though!!!

then i'm screwed and so is FH...we don't get a stub with each check...he gets direct deposit and i am semi-salaried, so i only got one stating what I was being 'charged' for...stinkin' FICA. heehee

sr081906 Posted: May 16, 2006 03:47 PM

Re: How long do you save your pay stubs and bank statements?

I have a pay stub and I have direct deposit (??)

CLMon7906 Posted: May 16, 2006 03:53 PM

Re: How long do you save your pay stubs and bank statements?

i guess the real answer is keep them as long as you want!

hahaha

i'm not too worried about it...i am not the bread winner...and shockingly when i received that packet from the SSAdministration about my lifetime earnings thus far (by the way, my children could get like 800/month if i die right now.....so encouraging) was dead on!!! FFIL laughed because he said his is never right.

SPITSBRIDE Posted: May 16, 2006 04:08 PM

Re: How long do you save your pay stubs and bank statements?

I keep them all, I have pay stubs from my previous job as well...I know, I have issues

SuzBride Posted: May 16, 2006 04:11 PM

Re: How long do you save your pay stubs and bank statements?

Posted by SPITSBRIDE

I keep them all, I have pay stubs from my previous job as well...I know, I have issues

me too. Forever - they are filed according to year

Blu-ize Posted: May 16, 2006 04:52 PM

Re: How long do you save your pay stubs and bank statements?

I keep 3 months of paystubs, 6 months of bank statements and brokerage, 2 quarterly 401(k) statements and 5 years tax returns.

As far as mortgage statements, credit card statements, and other bills-1 year.

cjb88 Posted: May 16, 2006 07:08 PM

Re: How long do you save your pay stubs and bank statements?

Posted by sr081906

I thought you were to supposed to save them for backup for retirement. In case of 'issues'. Not sure though!!!

I keep papers for 7 years (tax purposes)... I am a lunatic!!!

my in laws are CPAs and they told us to save everything for 7 years...