What do you do with your old pay stubs?

@maezee (32974)
United States
March 6, 2012 4:47pm CST
My goal for today was to go through some of my old paperwork that's hiding in my room/filing system. I've looked back, and while it is all neatly organized, I have pay stubs dating back from 2009. By pay stubs I mean from my 2 jobs. I don't know why I've held on to them for so many years. I know that sometimes I need more recent ones for health insurance reasons and whatnot, but I am not sure it is necessary to keep old work pay stubs from 2009, 2010 or even 2011. Do you shred these? Or is there a purpose to keeping them?
1 person likes this
8 responses
@bounce58 (17524)
• Canada
16 Mar 12
Like you, I don't really know what to do with my (old) paystubs. I've been salaried for a long time, so I always get the same amount every time. The only way to verify it for me is to see my bank account, to know that money came in. So, I rarely open my paystubs. I've been meaning to shred them, but just couldn't find the time.
@cher913 (25890)
• Canada
7 Mar 12
typically i shred them because at the end of each year, i get a t 4 (the sheet that you use for your income tax) which tells me how much i made that year. the only thing i generally keep from my pay stubs is the amount of vacation and sick time i have left.
@sishy7 (27606)
• Australia
7 Mar 12
I'm the worst person when comes to old paperwork; I just simply keep everything. I'm just afraid that someday I'll need them so I never throw anything away I envy you right now with your well organized paperwork. Your post makes me realize that I have to do something with mine before I got buried in them
@KrauseHome (35522)
• United States
7 Mar 12
Well, I have heard that for Tax purposes etc. sometimes you are supposed to keep them for at least 3 yrs. but I do not have a lot of mine. I could probably find at least 70% of last yrs. I think if I looked, but most of the ones missing have probably been thrown out. Not sure what is the Best thing to do anymore since most of the time these have your Social Security number or other important information on them sometimes so shredding might not be a Bad idea to consider.
@Lisona (177)
7 Mar 12
Hahahaha, I am sure your not the only one. I keep things like that for a year unless you are self employed. Other wise they sit in a box for 2-3 years. I just sort out once a year then throw.
@airasheila (5458)
• Philippines
7 Mar 12
hi there maezee, a good topic to ponder. well, my old, old pay stubs were already thrown to where it should belong. as i have tear it out before throwing them to bin. as some of it contains confidential numbers. i don't have any shredder with me so i have tear those manually. as far as i remember, i have kept them for 5 years before throwing them out.
@marguicha (100173)
• Chile
6 Mar 12
I have lots of stuff like that too and I hate it. It takes up a lot of space and many times I wonder if they would help in any way. Lately I´m in a throwing away mood and I have chosen some items that I positibly will never need, such as bills from years ago. I´m just keeping the recent months.
• Trinidad And Tobago
6 Mar 12
Well this is just me, but I like to hold on to things like that. Never could tell if you might need it for future referral. A payslip represents part of your working history and I don't think that documentation like that should be thrown away. I've kept all of mine, good thing too, was applying for a loan of some type some time ago and when I mentioned my previous working experience they wanted proof of my payslip to verify my story, mind you I had already moved on from that job. Besides 2009,2010 and 2011,are recent periods,if you want to discard them maybe you can do so after a year or two, but me I've kept all of mine.