Paycheck Stubs - Keep or Toss
By Diane Albright CPO, Organizing Expert and Speaker
March 31st, 2009
As Professional Organizers, we often get asked how long to keep a particular type of paper. Online there is an easy to follow record retention guide. On this chart you’ll find that Bank Rate recommends keeping your check stubs for “One year, and then when you receive your annual W-2 form from your employer, make sure the information on your stubs matches. If all information matches, shred the stubs; if not, demand a corrected form, known as a W-2c.”
Remember to record the direct deposit in your account register as soon as possible so you can reconcile it with your bank statement or online records.
I wish you organizing success!
Tags: getting organized, how long to keep paycheck stubs, organizing papers, record retention, tossing records
Posted in Paper Management | 28 Comments »
