|Business Records To Keep...||Personal Records To Keep...|
|1 Year||1 Year|
|3 Years||3 Years|
|6 Years||6 Years|
While federal guidelines do not require you to keep tax records “forever,” in many cases there will be other reasons you’ll want to retain these documents indefinitely.
While it’s important to keep year-end mutual fund and IRA contribution statements forever, you don’t have to save monthly and quarterly statements once the year-end statement has arrived.