Need Record Retention Help

[haha]

Is there any reason to keep Keo or IRA statement accounts beyond a year or so? If there is, how long would you suggest? I have never made a contribution from post tax funds.

Now I get only electronic statements but I have too much paper from earlier years.

Ha

 

[Gone4Good]

I'd keep records of any contributions I made with my tax documents. And I keep my tax documents for seven years. But I don't see any reason to keep statements beyond the most recent one.

 

[TromboneAl]

If you can't decide, scan them in then toss them.

 

[Alan]

I'd keep records of any contributions I made with my tax documents. And I keep my tax documents for seven years. But I don't see any reason to keep statements beyond the most recent one.

Ditto. My end of year pay and financial statements have my contributions to my 401(k) and IRA's.

I have never made any before tax IRA contributions so I'm sure to keep the 8600(?) Form showing the cost basis with each year's return.