Generally, the only IRA paperwork I'd keep are the Form 5498 that you receive each year. Also, if you've ever made non-deductible contributions to an IRA, you should have filed a Form 8606 showing what part of the IRA you have already paid taxes on. It is usually filed with your tax return but also can be filed as a stand-alone form.
If you've made non-deductible IRA contributions and did NOT file the 8606, I'd keep all your IRA paperwork and consult with a CPA/EA regarding how you fix the situation ASAP.
It also depends on the state retirement income laws. For example, in PA, if you take early distributions from a retirement plan (1099R, box 7, code 1 or 2), the distribution is taxable to the extent it exceeds your contributions into the plan. Lots of folks are scrambling at tax time reconstructing their contributions.
If you've made non-deductible IRA contributions and did NOT file the 8606, I'd keep all your IRA paperwork and consult with a CPA/EA regarding how you fix the situation ASAP.
It also depends on the state retirement income laws. For example, in PA, if you take early distributions from a retirement plan (1099R, box 7, code 1 or 2), the distribution is taxable to the extent it exceeds your contributions into the plan. Lots of folks are scrambling at tax time reconstructing their contributions.