FREE Shred Event!
Friday, October 21, 2016
11:00 am-2:00 pm
For all J. Freeman and Associates clients and friends of clients.
Protect your identity and come shred your personal and business materials. Give
back to the community by recycling. A win-win!
Shred-A-Way will bring a truck to our parking lot-bring your documents (no limit!)
to be shredded onsite at 8 Pelham Road, Greenville, SC 29615.
Not sure what to toss and what to keep? Check out the following document retention guide.
Sponsored by Fidelity Institutional Asset Management
To toss or not to toss? That is the question.
When to toss
Bank Deposit Slips – After you reconcile your statements
Banking Statements – After a calendar year; store with tax returns if they will be used to prove deductions
Brokerage, 401(k), IRA, Keogh, and other Investment Statements – Shred monthly and quarterly statements as new ones arrive; hold on to annual statements until you sell the investments
Credit-Card Bills – After you check and pay them, unless you need them to support tax filings
Credit-Card Offers – Right away as they contain your personal information
Household Warranties and Receipts – After you no longer own the household items
Insurance Policies – After you renew them
Investment purchase confirmations and 1099s – Hold until you sell the securities, then keep with your tax records for an additional seven years
Pay Stubs – After you reconcile them with your W-2
Receipts – After you reconcile them with your creditcard or bank statement unless needed for a warranty
Savings Bonds – Cash them in when they mature
Social Security statements – When you get a new statement, then shred the old one
Medical Bills – After 3 years
Tax Returns – After 3 years
Records of satisfied loans – After 7 years
Best to keep in a very safe place (like a safety deposit box)
- Adoption papers
- Birth and Death certificates
- Records of paid mortgages
- Estate planning documents
- Marriage licenses and divorce decrees
- Military discharge papers
- Social security cards
Freeman & Associates, Inc. offers Securities through International Assets Advisory LLC (“IAA”) an Independent Registered Broker/Dealer Member FINRA/SIPC. Advisory Services offered through J. Freeman & Associates, a Registered Investment Advisor. IAA and J. Freeman & Associates are not affiliated.