Q:

Why do you need to save your payroll check stubs?

A:

Quick Answer

Saving payroll check stubs is necessary so as to ensure that the information on it matches with the details on the annual W-2, as stated by Bankrate. This helps to prevent any unnecessary situations and keep track of financial information.

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Why do you need to save your payroll check stubs?
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Full Answer

It is advisable to keep payroll stubs at least for one year until a person receives the annual W-2, as stated by Bankrate. After confirming that the information on both documents matches, the stub can be shredded. This is necessary in order to protect personal information. In some cases, the information may be different. In such situations, a person needs to request a corrected document known as W-2c.

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