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Do you keep copies of your Paystubs?

Originally posted by: Reel
Mine are on iPay by ADP. I don't get copies of them on paper anymore.
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The company I work for used to use ADP, now they moved to some cheaper company. Paper Copies every week... I get direct deposit so i have tons of paystubs in my desk drawer at work.
 
I keep them and I don't know why.

If you are worried .. i htink you need to keep all your records for taxes for 7 years. That's the statute(sp?) of limitations I think.
 
i don't even get paper copies of them anymore
a few years ago they stopped sending them, last year sometime i found out we can view/print them from the HR/payroll intranet site
 
When you are moving to a new company, they will ask for recent pay stubs to verify your previous employment. You should keep at least one from each year.

It's best to get your paystubs via email. You can then just save them to disk without hassle.
 
I have most of the pay stubs going back about 10 years, possibly more. And that's WEEKLY pay stubs, not every 2 weeks...Why? I just don't like to throw that stuff away...:roll:
 
Like someone already said, I scan them along with my other financial stuff to PDF and archive each year to a CD. It's a lot of effort, but well worth it when you have to go back and look for stuff.
 
Originally posted by: kt
Like someone already said, I scan them along with my other financial stuff to PDF and archive each year to a CD. It's a lot of effort, but well worth it when you have to go back and look for stuff.
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What kind of scanner do you own?
 
No, direct deposit account and my company keeps copies of every paycheck/bonus check that's hit my account on its HR website.
 
Originally posted by: kt
Like someone already said, I scan them along with my other financial stuff to PDF and archive each year to a CD. It's a lot of effort, but well worth it when you have to go back and look for stuff.
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I been doing that myself. But its a lot of work. Right now i'm probably half a year or more behind in what needs to be scanned. That would take a couple hours to do.

 
Originally posted by: Orsorum
Originally posted by: kt
Like someone already said, I scan them along with my other financial stuff to PDF and archive each year to a CD. It's a lot of effort, but well worth it when you have to go back and look for stuff.
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What kind of scanner do you own?
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I scan them at work 🙂 We got a whole bunch of Xerox multi-function copiers.
 
Originally posted by: Jnetty99
Originally posted by: kt
Like someone already said, I scan them along with my other financial stuff to PDF and archive each year to a CD. It's a lot of effort, but well worth it when you have to go back and look for stuff.
Click to expand...

I been doing that myself. But its a lot of work. Right now i'm probably half a year or more behind in what needs to be scanned. That would take a couple hours to do.
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Takes me a couple of minutes to scan all my stuff on the scanners at work 🙂
 
I've been keeping them in a big box for a looooong time, and lo and behold, it payed off big-time recently. Some bogus debt collector company started bugging me about some supposed debt I owed. They even filed suit against me, and I used an old paystub to prove that the supposed address that they had listed for me at the time (10 years ago!) was not my address at the time, and the suit was dismissed.
 
At the moment I've been keeping paper copies of all documents such as that, unless I have been able to receive them electronically, in which case a PDF copy is the only copy I maintained, and destroyed other copies of the same document.

I hope to acquire a scanner sometime in the next month or two, so that I can scan all of the "important" documents such as those, and keep them only electronically. Not because those documents take up tremendous amounts of physical space, but because I am more confidant in their security in electronic form than I am in hard-copy form.

Oh, and I plan to keep them indefinitely, though I will archive them to long-term storage every year or two.
 
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