Personal Finance 1 Worksheet 6

Personal Finance 1 Worksheet 6 - W6 STORING FINANCIAL FILES...

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Unformatted text preview: W6 STORING FINANCIAL FILES Long-Term or Permanent Storage (keep at home in a file cabinet or safe spot) Tax Records (may be discarded after 6 years) Tax returns Paychecks W-2 forms 1099 forms Charitable contributions Alimony payments Medical bills Property taxes Any other documentation Location Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Investment Records Bank records and nontax-related checks less than a year old Safety deposit box information Stock, bond, and mutual fund transactions Brokerage statements Dividend records Any additional investment documentation Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Retirement and Estate Planning Copy of will Pension plan documentation IRA documentation Keogh plan transactions Social Security information Any additional retirement documentation Filing cabinet Filing cabinet Filing cabinet Personal Planning Personal balance sheet Personal income statement Personal budget Insurance policies and documentation Warranties Receipts for major purchases Credit card information (account numbers and telephone numbers) Birth certificates Rental agreement, if renting a dwelling Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Automobile registration Powers of attorney Any additional personal planning documentation Filing cabinet Safety Deposit Box Storage Investment Records Certificates of deposit Listing of bank accounts Stock and bond certificates Collectibles Filing cabinet Filing cabinet Safe Safe Retirement and Estate Planning Copy of will Nondeductible IRA records Filing cabinet Filing cabinet Personal Planning Copy of will Deed for home Mortgage Insurance policies and documentation Title insurance policy Receipts for major purchases Personal papers (birth and death certificates, alimony, adoption/custody, divorce, military, immigration, etc.) Documentation of valuables (videotape or photos) Home repair/improvement receipts Auto title Listing of insurance policies Credit card information (account numbers and telephone numbers) Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Throw Out Nontax-related checks over a year old Records from cars and boats you no longer own Expired insurance policies on which there will be no future claims Expired warranties Nontax-related credit card slips over a year old Garabage/Shredder Garabage/Shredder Garabage/Shredder Garabage/Shredder Garabage/Shredder Location Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Safe Safe Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Filing cabinet Garabage/Shredder Garabage/Shredder Garabage/Shredder Garabage/Shredder Garabage/Shredder ...
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