For Immediate Release
Protect your identity at the “Shredder and E-Recycling” Event
The Department of Business Affairs and Consumer Protection joins the Wicker Park Bucktown SSA in sponsoring the FREE annual “Shredder and E-Recycling” Day on Saturday, September 8th, 2012 from 10am till 12 noon at the Jewel-Osco/K-Mart parking lot on North Ashland Avenue one block north of West Division Street.
Every year, more than 8 million people are victims of identity theft, making it one of the fastest growing crimes in the United States. Shredding unwanted personal, financial or confidential documents helps keep your information secure and protects your identity. Additionally, as of January 1, 2012, the Electronic Recycling and Reuse Act of Illinois makes it illegal for you to throw away electronic items such TV’s, video game consoles, computers, and more, in the trash. This event provides a free, safe and legal opportunity to discard your used electronics.
Guidelines for safe storage of personal information include:
Keep all tax returns and supporting documentation for seven years. The IRS has three years from your tax filing to audit, and six years to challenge a claim. Keep credit card statements for seven years if tax related expenses are documented.Keep paycheck stubs for one year. Be sure to cross reference the paycheck stub with your W-2 form. Be sure to keep bank statements and canceled checks for at least one year. Bills should be kept for one year or until the canceled check has been returned. Receipts for large ticket items should be kept for insurance purposes.Home improvement receipts should be kept for six years or permanently. Items such as birth certificates, social security cards, insurance policies, titles or wills should be kept permanantly in a safety deposit box.
Remember, when you dispose of documents with sensitive information, be sure to SHRED!