Paper:
What to keep and for how long
1. Bank reconciliations: 1 year
2. Bank statements: 7 years
3. General correspondence: 3 years
4. Copies of Wills: Active file
5. Credit card statements: Active (until next statement)
6. Duplicate deposit slips: 1 year
7. Income records (W2, 1099): 2 years
8. Medical papers: 5 years from date of service
9. Mortgage records: 3 years after payoff
10. Receipts: non-major credit card purchases: Throw away
Bonus: Paper: What to keep and for how long
Good luck and call if you need me!