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. 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
  921 Hits
921 Hits

Search Blogs Module

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