Any Reason to keep old statements or transaction confirmations

[better late]

Just a quick question before I shred the bunch - is there any reason to keep old mutual fund statements or transaction confirmations?  Old like 1992 old.  This is for IRA/SEP IRA/401k accounts.  I've already entered the year end information in a spreadsheet for nostalgia...
Thanks!

[seattlecyclone]

For traditional tax-deferred retirement accounts the main thing you'd want to keep from that long ago is records of any post-tax basis that may be in that account. If it's all pre-tax the individual transactions don't really matter anymore.

[celerystalks]

If it is in a taxable brokerage account and you still have the positions that you opened with the trade confirmations of purchases, then you may need them to substantiate basis if/when you go to sell.

[seattlecyclone]

Yes, for taxable accounts that old you'll absolutely need the records to figure out what your cost basis was. Since you mentioned it's all in IRAs the individual buy/sell transactions from that long ago really have no relevance anymore.

[cool7hand]

You want to retain records that relate to taxes for seven years.

[bacchi]

Also keep old Roth 5498 forms so you'll know how much you contributed.

[phildonnia]

If it is in a taxable brokerage account and you still have the positions that you opened with the trade confirmations of purchases, then you may need them to substantiate basis if/when you go to sell.

This.  Don't automatically throw away anything that's seven years old.  You need to keep anything that might be relevant to active tax returns.  Particularly cost basis information on capital assets and suspended passive loss information.