Which documents should you shred?
Even if you've opted to go paperless on things like bank statements, you probably still receive important mail related to your finances. These could be medical bills, old tax returns or explanations of benefits from your insurance companies, for example. So how do you know which documents you should shred?
Take a look at our guide below:
Bottom Line
Certain documents, like your will and the deed to your home, are obvious keepers. Others you can keep only the most recent version of – like statements from your retirement plan. But if you're feeling overwhelmed by the volume of paper in your home, it's comforting to know that there are plenty of documents that can go in the shredder and then into the recycling bin.
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Check out our federal income tax calculator.
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