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YOu should keep bank statement for 7 years, in case you get audited

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18y ago

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How long should you keep bill statements?

credit and debit cards


How long should you keep old credit card bill statements?

AnswerYou should keep your statements because you need them for when taxes come out.And since you must keep tax-related records for 7 years, you potentially should keep them for that long. Reference the related link below.Other OpinionsSince you can only dispute a charge within the first 60 to 90 days of it being entered then it is generally safe to discard statements after the 90 day period for dispute has expired.


How long do you keep bank statements from a closed account?

You should keep all your financial records for at least three years. After that, you are probably safe to shred old documents, although you may want to keep the "final" statement. If space is tight, you might want to scan old records and just store the electronic copies.


How long should you keep quarterly 401k statements?

Keeping your 401k statements is always a good idea. Weather you are using them to track the past performance of your portfolio, or just to keep for your records. However most 401k record keepers allow you to generate statements online. So if you were to through them out, or misplace them you could generate a new one online, or call your customer service number to have copies of the statements sent to you.


How long should you keep 401k statements?

Keeping your 401k statements is always a good idea. Weather you are using them to track the past performance of your portfolio, or just to keep for your records. However most 401k record keepers allow you to generate statements online. So if you were to through them out, or misplace them you could generate a new one online, or call your customer service number to have copies of the statements sent to you.

Related Questions

How long should I keep brokerage statements for?

You should keep brokerage statements for at least seven years for tax and record-keeping purposes.


How long do you to keep bank statemets?

It is advisable not to destroy old bank statements. But as a worst case scenario, maintaining atleast the last 3-5 years of statements is a good practice.


How long should you keep bill statements?

credit and debit cards


How long should you keep bank checks?

20 mions


How long should you keep bill statements for?

You should keep bill statements for at least one year, but some experts recommend keeping them for up to seven years for tax and financial record-keeping purposes.


For how long should executors of a will keep the bank statements of the deceased?

The executor's duties end when the final account is allowed and the estate is thereby closed. The heirs could request the personal papers of the decedent at that time.


How long should you keep your utility bills?

As soon as it clears from the bank,than it can be tossed,the bank as it on file.


How long should you keep old credit card bill statements?

AnswerYou should keep your statements because you need them for when taxes come out.And since you must keep tax-related records for 7 years, you potentially should keep them for that long. Reference the related link below.Other OpinionsSince you can only dispute a charge within the first 60 to 90 days of it being entered then it is generally safe to discard statements after the 90 day period for dispute has expired.


How long should I keep bill statements for?

It is generally recommended to keep bill statements for at least one year, but some experts suggest keeping them for up to seven years for tax and financial record-keeping purposes.


How long do you keep bank statements from a closed account?

You should keep all your financial records for at least three years. After that, you are probably safe to shred old documents, although you may want to keep the "final" statement. If space is tight, you might want to scan old records and just store the electronic copies.


How long should you keep quarterly 401k statements?

Keeping your 401k statements is always a good idea. Weather you are using them to track the past performance of your portfolio, or just to keep for your records. However most 401k record keepers allow you to generate statements online. So if you were to through them out, or misplace them you could generate a new one online, or call your customer service number to have copies of the statements sent to you.


How long should you keep 401k statements?

Keeping your 401k statements is always a good idea. Weather you are using them to track the past performance of your portfolio, or just to keep for your records. However most 401k record keepers allow you to generate statements online. So if you were to through them out, or misplace them you could generate a new one online, or call your customer service number to have copies of the statements sent to you.