Your Financial Records: What to Toss and When

Ever wonder what documents you should keep and which ones to shred? The FDIC Consumer News says, ”Bank statements, credit card bills, canceled checks and other documents can be useful for tax purposes, as proof of a transaction or payment, or for other reasons. But how long should you keep them??”  While the FDIC Consumer News can’t tell you when it is safe to toss those documents, with tax considerations in mind, they provide some general guidelines. To read their suggestions go to: href=”redirect.php?url=www.fdic.gov/consumers/consumer/news//cnwin1011/finrecords