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If you go paperless, you should be able to access these records from the bank, but it doesn’t hurt to keep a digital copy of your statements in a secure location. Banks are required by federal ...
Whether you get them by mail, email, or uploaded to an onsite account, mortgage statements have a short shelf life — a new one comes once a month, after all — so you can destroy or shred them ...
Another common-sense approach prescribes storing everything important as long as possible — then, if a lender or collection agency challenges you years after completing your repayment, you won ...
Bottom line: Keep bank and credit card statements for at least a year, and arguably for seven. Property and investment records Here’s an exception to the seven-year rule.
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If you haven’t worried about money in a while, you might think your finances are in good shape. But is that true? These 4 questions can be a good start to understanding your financial health.
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If you don’t know how long to keep your tax records, you should keep for at least six years in case the IRS claims you underreported your income by 25% or more. Typically, the audit window is ...