Asset Planning, Inc Blog

The latest from the team.

Spring Cleaning

 

As soon as I finish my taxes I also do some spring cleaning of my paperwork clutter and finances. Here are some tips to get your financial house in shape:

  1. Organize financial papers: Do not leave financial documents around that contain information that could be used to steal your identity. Shred paperwork you no longer need. Save important papers in a secure place and if possible, digitally (scan and save on external drive/usb, etc.) and secure with a password.

  2. Bills, paystubs, bank and investment statements should be kept for one year and then just keep the year end summaries and shred the rest.

  3. Keep invoices and all bills for major repairs, improvements and construction on your home. This is vital to have when and if you ever sell your home for increased cost basis.

  4. Tax returns and all supporting documentation should be kept for at least 7 years. A good rule is to scan your older tax returns and keep them forever.

  5. Run your credit report to see if there are any unusual transactions. Annualcreditreport.com allows one free report per agency per year.

  6. Automate adding to investments and savings.

  7. Adjust tax withholdings on your income (paycheck, IRA’s, etc.) if you owed too much tax or received a large refund.

Continue reading
  1015 Hits
1015 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
Federal Trade Commission website D premiums cell phone SIM swap scam trustee information CA FTB driver license increase https ://seekingalpha estate planning partner /owner hurricane Dorian insurance policy estate planning direction credit score donation items official certification Victor Dergunov CFP ® Notary Public Social Security team members ID card insurance policies prescription eyeglasses summer “ skimmer ”. investment statements disaster areas banking emergency folder market turmoil emergency kit Part D premiums . home security toilet paper credit monitoring service card reader fun facts payments Medicare Part B premiums check lists IRA accounts credit card fraud vacation fun atmosphere retirement planning Wells Fargo customers years ice cream event CARES Act cell phone carriers offer EEChecklist-Kits.pdf stockpilingchecklist.pdf phone companies wells Fargo integral member VOIP landline phones DNA test kits self-help topics Ice Cream Social student loans app Auto insurance January 10 pet home break-ins stimulus package asset Planning retirement accounts emergency kits media accounts ice cream April 18 2017. client portal 23 andme retirement credit freeze Amazon privacy settings family members coronavirus blog post Medicare plan email notifications relief efforts gap insurance Treasury Department tax deadline identity thieves FSA drive /usb retirement plans donation counts spam phone pets breach fees October 1 2020. executive order September 30 2020. debt estate Asset Planning health care costs Retirement Contribution Limits Medicare Advantage home Fox News story flash drive Part B July 4 https :// bottom line Economic Security news coverage Kraig Mathias July weekend non-prescripstion sunglasses scams tax records Supplemental Security Income Shred paperwork Puerto Rico rescue organizations 2018 IRA contributions Brexit vote items documents Joey Gonzales information Facebook cell phones Social Security Administration Expired medications credit cards trust Roth IRA illiegal robocallers home emergency preparedness kits Two-Step Verification spread Medicare question Legal robocalls Open Enrollment portal spring cleaning house sitter June 29 notary services contribution limit cell phone carriers Erin Nelsen identity theft clone counterfeits earnings fallout padlock parking spots 20 year anniversary IRS deadline records jury duty 2017 IRA contributions markets Affordable Care Act Medicare home mortgages Open House interest rates CERTIFIED FINANCIAL PLANNER exam life saver Wells Fargo employees people medications borrowing money tax deadlines holidays approach Kiplinger Letter stock pile Facebook profile April 11 tax filing deadlines 4 pm -8pm credit card company web address phishing sites consumer spending Healthcare April 15 July 6 pet donation drive account numbers FEMA website tax season president Trump vision screening cell phone provider checklists February 14 Orange County text messages Mobile Banking Security Tips cell phone service provider tax returns home emergency kit Coronavirus Aid company business hours Charles Schwab car loans paper records birth certificates July 3 rd health care services policy operations manager chip-enabled EMV cards 2017 Equifax breach memorial Day weekend 70 1/2. settlement options Flexible Spending Account Independence Day clients phishing scams water … assets clients show support 2017 TD Ameritrade National LINC Conference 900 number 401K Financial Planning Magazine pet industry offering insurance TD Ameritrade Medicare Part B privacy notices pet supplies California Lions Friends National Ice Cream month money Orange County Superior Court COVID -19 virus IRS phone opt-out paperwork clutter interest earthquake app