Can i throw away old payslips
- how long should i keep my payslips
- how long should i keep my pay stubs
- how long should i keep my payroll records
- how long do i keep my pay stubs
Data retention policy hong kong 7 years
Do i need to keep old bank statements.
How Long Should You Keep Pay Stubs Before Shredding?
When it comes to managing financial records, a common question arises: “How long should you keep pay stubs before shredding them?”
With pay stub retention, we recommend keeping pay stubs for at least a year, until you’ve reconciled them with your annual W-2 form and tax return.
However, the duration for retaining other financial documents can vary.
In this article, we’ll delve into the recommended timelines for keeping various financial documents and offer our expert payroll insights here at Check Stub Maker on efficient storage and disposal.
Let’s dive in!
What this article covers:
How Long Should You Keep Financial Documents?
Based on our first-hand experience, you will often keep important documents (financial and personal) anywhere from a year to indefinitely depending on what you use them for.
Table: How Long To Keep Important Documents For
| Retention Duration | Document Type |
| 1 year or less | ATM receipts bank deposit slips credit card receipts utility bills |
| 1 year | pay stub
|