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Additional Details
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sukditup | How long should you keep a work paystub in your files? |
I have collected my bi-monthly paystubs for the 8 years that I have worked. Needless to say my filing cabinet is in bad need of a clean out/shredder party. Is there any benefit to keeping the paystubs? |
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Noryb
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"Hold on to your individual pay stubs for the year until you have received the Form W-2 for that year. Reconcile the year-to-date cumulative totals on the last pay stub for the year to the amounts reported on the W-2. If they match you can throw out all but the last pay stub. Keep the final pay stub for the year, with year-end cumulative numbers, with your tax return documentation for that year."
http://www.trimlife.com/newsletter/new/02022006/feature.asp
Clark Howard (you know that guy on the radio) says to keep:
'Last pay stub of a job if you leave that job
Last pay stub of the year for your current job "
He has recommendations for all record keeping which documents to keep, how long, which ones to toss, at:
http://clarkhoward.com/shownotes/category/7/18/209/387/
You've inspired me to clean up my file cabinet too! I'm in the same boat..paystubs going back 10 years.. |
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jocashins
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one year |
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medellia1984
 |
If you keep your tax information (w-2s and income tax forms and such) for the year applicable, then there is no need for you to keep the pay stubs. Toss 'em. |
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sugarbdp1
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1yr is a rule that's what everyone tells you heck social security just told me this today lol |
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wolann31
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Just keep at least 4 years worth. But keep all your tax returns. |
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Kellie_in_California
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For at least 1 year. Once you get your W-2 I would say if everything matches then shred them. |
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retsiemeop
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Don't bother...You place of work keeps that information for you...After all, they are the ones writing you a check...Shred your stubs ASAP... |
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Kaatp
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It's been my experience that as soon as you get rid of them, you will need some info from them. I would reccomend that you reduce them on a copier. That way you will still be able to access them and they will hardly take up any space! |
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♥Sweet Girl♥
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no...shred them |
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mud
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At least a couple of years for tax purposes. |
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Just Curious
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Just save the last paystub for each year. It will have that year's total for not only your pay, but also totals for any benefits that you may have contributed to (401k, health insurance, etc.). |
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