Eclectic Associates

How long should you keep that old bank statement? What about W-2s from five years ago?

These questions matter more than many people expect. Getting rid of the wrong document at the wrong time can mean a complicated capital gains situation, an audit without backup records, or an estate that takes longer to settle than it should.

We updated our guide on financial record-keeping, covering what to keep permanently, what to hold for a few years, and what can safely go. Worth a few minutes if you've been meaning to get organized.

https://bit.ly/4d7I3dE

Keep It or Toss It? How long should you keep financial records and important documents? — Eclectic Associates, Inc. How long should you keep financial records and important documents? This article, updated for 2026, provides timelines for saving records, including what to keep forever.

A new savings option for children launches in 2026.

Trump Accounts offer a $1,000 government deposit for certain birth years. But they also differ meaningfully from 529 plans.

Understanding the differences can help families make informed decisions.

https://bit.ly/4s1Uuxc

Trump Accounts Are Here, but Should They Replace Your Child's 529 Plan? — Eclectic Associates, Inc. Free $1,000 for babies born 2025–2028? Here's what parents and grandparents need to know about the new Trump Account child savings program.