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Savers Need To Pay Attention For Identity Theft Risks In January

Monday, December 27, 2010 - 8:01 AM
One downside of having several bank accounts is that you get many 1099s, most of which are mailed. As described in this CBS MoneyWatch Family Finance blog post, "these items contain our most personal and precious information and sit unguarded in our mailboxes." You might want to check if your banks can provide the 1099s online. ING Direct is one bank that does this.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Saturday, January 15, 2011 - 10:41 PM
Glad you brought it up.  This site has gotten me more comfortable opening and using multiple accounts, so it crossed my mind I'll also be getting more 1099s.  Your reminder will keep me on the lookout to account for them all sooner than later, especially since the neighborhood association has reported more mail theft incidents of late. 
ekatekat75 posts since
Jan 22, 2010
Rep Points: 246
2. Saturday, January 15, 2011 - 11:12 PM
I share your concern about mail delivered to the home for exactly the reason you cited.  A box at the nearest post office is well worth the modest rent paid for the privacy, safety and convenience. Converting to E-statements whenever available is also helpful. 
pearlbrownpearlbrown1,473 posts since
Nov 2, 2010
Rep Points: 6,402