Keep Your Own Files

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Q: I can access all my account statements online, so do I really need to keep copies of these documents in FileThis?

A: Yes, you definitely want to keep copies of all your statements in one location underyour control for a number of reasons.

  • First, you may not be able access your account information online forever. What happens, for example, if you switch jobs and rollover your 401(k)? What if you change the service provider for your phone? Guess what? You can’t login to your accounts anymore.
  • Second, there is the convenience factor. Many of your service providers only maintain the last 6 or 12 months’ worth of statements online. If you need a statement not available online, you are facing a 5- to 10-day delay in getting that statement.
  • Third, even if the statements you need are available online, there are no tools to easily search and find what you are looking for. With FileThis, you have every statement you need at your fingertips, wherever you are, the moment you need it. Furthermore, you have all the great search, preview, download, and email tools available in FileThis to really nail what you need.

The bottom line is that you need to keep your own records.

We know you’re accessing your accounts online—and good for you for going paperless—so just get in the habit of downloading the monthly statements to add to FileThis while you’re at it. The result is worth it: With all your documents in FileThis, you have instant access to the information you need from anywhere, anytime, forever.

To review the previous year’s 401(k) statements for tax purposes, you can easily find the documents in FileThis.