Expiration Date Tracker
With spring finally here and summer just around the corner, there is no better time to start on your spring cleaning tasks. As you sort through your belongings, including paperwork, it is important that you do not throw out the important documents you may need down the road.
Before you start shredding, use our Expiration Date Tracker to make sure it is safe to dispose of your files.
|Bank deposit slips||After you reconcile your statements|
|Banking statements||After a calendar year; store with tax returns if any will be used to prove deductions|
|Employer defined-benefit plan communications||Never|
|Investment statements (brokerage, 401(k), IRA, Keogh)||Shred old monthly and quarterly statements when you receive a new one; save annual statements until you sell the investments|
|Investment purchase confirmations and 1099s||Investment purchase confirmations and 1099s|
|Life insurance policies||Never, if still in force; store in your safe-deposit box|
|Safe-deposit box inventory||Never, but review and update each year|
|Social Security statements||Shred an old statement when you receive a new one|
|Tax returns and related documents||After seven years|
Time to Start Planning
As you start your spring cleaning projects, consider how you can help the organizations and places you care about, like Northwestern. We are happy to help you get started by finding the right giving vehicle for you. Contact Northwestern Gift Planning at firstname.lastname@example.org or 800-826-6709 to get started.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
Northwestern does not offer charitable gift annuities in all states, so please contact us to determine eligibility.