HPAL Tip of the Week:
Fall financial organizing: What documents to keep.
In general, you want to keep physical copies of anything related to state or federal matters, including certifications, licenses, or deeds. Any tax-related documents like paycheck stubs, medical records, social security statements, retirement plan statements and warranty documents should be kept for a limited time. As a rule of thumb, you want to hang onto tax records and supporting documents for seven years. Once these papers are filed in a central location, remaining documents should be shredded to protect identity and other sensitive information.
The month of October, HPAL Tips will be a series of fall financial organizing suggestions.
You are encouraged to use these weekly tips on your website, social media pages or in other communication with your members to illustrate one more way credit unions help people afford life. If you have a tip you would like to share with the HPAL Listserve, please email to firstname.lastname@example.org. When sending an email it is sent to everyone on the list.