With another spring cleaning season mostly behind us, maybe you cleaned out a few closets or even made some extra cash through a garage sale. But did you take the opportunity to clean out your financial records? Before your paper shredder goes to work, check this list from Iowa Jump$tart on how long to keep financial records. Then consider opting for electronic statements to reduce your paper load.Keep these records until you've reconciled your statement:
Keep these records for the calendar year:
Keep these records for seven years:
Keep these records forever:
For more information on Iowa Jump$tart and to access other financial education resources, visit iowajumpstart.org.
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