Personal information security is a hot topic these days. Between news of identity theft, mass data breaches and social media personal data security, the subject is front and center in our minds. We all want out personal information to be safe, whether it is our financial information, medical records, or social media data. Each year, we handle hundreds of documents that entail sensitive information, physical paper, our personal and financial paperwork.
It can be confusing to figure out what documents we need to keep, how long, and what documents we can dispose of, and how. Some individuals are so anxious about identity theft that they do not dispose of any paperwork at all! That results in massive paper piles, making it nearly impossible to find important documents when you need them. These piles can become an overwhelming burden. Paperwork clutter is a common problem, and very tedious and time consuming to tackle.
So, how can we protect our personal information (without getting buried in paper), at least the kind of personal information which commonly arrives in the mail? What to keep? How long? Why? We have some answers for you.
What Personal Information to Keep and How Long
- Tax Returns: Keep copies of all your tax returns. Keep the back-up information and