How long do you keep.....

jettagurl

We're doing a major re-organization/clean-out of our filing cabinet/bins of paperwork.

So how long do you keep the following?

1. Statements - from banks/ investments

2. Bills - utilities/phones/mortgage/etc once they have been paid

3. Medical Bills, once paid? and EOBs. 

4. Student Loan Bills - assuming they are not paid off

5. Taxes - keep for 7 years and they can audit for up to 3, right?  Do you toss after 7 yrs? 

 

Bonus - does anyone scan on to the computer/a hard drive (specifically taxes/insurance paperwork)?

 

 

surprise3rd

I keep nothing but taxes.  Once the bill gets paid, it gets trashed, if you ever need copies of any of that you can call the company and they can send you duplicates.  I hate paper:)

happy_momma

I only keep taxes.

snowflakemom

I generally keep all paperwork for a year and then purge. Taxes are all kept (electronically and paper) indefinitely.