Shredding Guide
Are you wondering what to keep and what to shred? We looked at experts’ advice and compiled this summary of how long they recommend keeping certain documents.
When should I shred it?
Immediately
- Sales Receipts
- ATM Receipts
- Paid Credit Card Statements
- Paid Utility Bills
- Credit Offers
- Non-Tax-Related Cancelled Checks
- Expired Warranties
Within One Year
- Pay Stubs
- Bank Statements
- Paid, Undisputed Medical Bills
After Seven Years
- Tax-Related Receipts
- Tax-Related Cancelled Checks, W-2s
- Records for Tax Deductions Taken
It Depends
- Auto Titles. Keep as long as you own the vehicle.
- Home Deeds. Keep as long as you own the property.
- Disputed Medical Bills. Keep until the issue is resolved.
- Home Improvement Receipts. Keep until you sell your home and pay any capital gains taxes.
Don’t shred and Keep Protected
- Birth Certificates
- Social Security Cards, Marriage or Divorce Decrees, Citizenship Papers, Adoption Papers
- Death Certificates
- Tax Returns