Spring Cleaning – Doesn’t only apply to housework

Read more about this chart here:  http://www.mycitymag.com/spring-cleaning-doesnt-only-apply-to-housework/

Documentation Duration
Vehicle Titles Until sold or discarded
Loan Documentation Until paid in full
Mortgage Statements Until property sold
Credit Card Records Until paid in full unless needed for taxes
 
Social Security Statements One year
Monthly Investment Statements One year
Reconciled Bank Statements One
 
State and Federal Income Tax Returns Seven years along with supporting documentation including W-2 and 1099 forms, charitable contribution and tax deduction receipts, real estate records
Annual Investment Statements Seven years
 
Birth Certificates Forever
Social Security Cards Forever
Passports Forever
Marriage/Divorce Papers Forever
Wills and/or Trust Documents Forever
Insurance Policies
(annually update household inventory)
Forever
Pension and Retirement Plan Records Forever
Medical Records Forever
Education Records Forever