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How Long to Keep Important Financial Records

MazumaBusinessAccounting

Whether you’re keeping the record for one month or 10 years, record-keeping best practices dictate you should store documents electronically (go paperless when you can), and always backup your files by saving them in the cloud. Some documentation has no expiration date, such as birth certificates and social security cards.

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Financial Record Keeping: How Long To Keep Financial Records?

Clever Girl Finance

Birth certificates / Adoption paperwork. Death Certificates. Marriage Certificates. Marriage certificates are usually needed for the Social Security Administration status and/or name change, driver license name change, mortgage loans, life insurance, health insurance, etc. Retirement plan contributions.

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How to Invest $1 Million Dollars in Today’s Market (Without Blowing It)

Good Financial Cents

Track your retirement. Did you know you might be able to actually retire with $1 million? While it’s better if you have some time to invest the money instead of using it for retirement, retiring with this much is a reality for many people. You may be wondering if you can actually retire with $2 million dollars!

Investing 109
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Best Online Banks: Start Today

Good Financial Cents

None with electronic statements. Monthly Fees None with electronic statements. Not only do they pay 1.00% APY on their online savings and money market accounts, but they also offer interest-bearing checking, and high-yield certificates of deposit (CDs). APY on Best Account 0.50% APY on the High Yield Chime Savings Account.

Banking 100
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Best High-Yield Investments for 2022

Good Financial Cents

They can be purchased electronically in denominations as little as $25. Because retirement accounts are tax-sheltered, it makes little sense to include municipal bonds in those accounts.). Longer Term Certificates of Deposit (CDs). As interest rates have risen in recent months, rates have crept up on certificates of deposit.