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How Long Should You Keep Financial Documents

Family Balance Sheet

Keep the quarterly statements for your 401k or other IRA accounts until you receive the annual statement. This will help you avoid possible identity theft. Keep records permanently for nondeductible contributions to an IRA to prove that you already paid taxes on this money when it is time to withdrawal.

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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

Larry presents Identity theft protection posted at Objective Financial Planner , saying, “As a threat to your financial security, you should take the potential for identity theft very seriously. MR presents Is Now The Time To Buy Real Estate? I find myself looking more and more often.

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Anisha Sekar presents Data Breaches and Identity Theft: How Much You Could Lose posted at NerdWallet , saying, “Thankfully, in the case of a data breach like Global Payments, your bank or credit union will shoulder most of the burden of keeping you safe, letting you know if your account is compromised and issuing a new card if necessary.

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