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2-4 Months. 12 Months. Of course, the shelf life of M&M's is shorter if they are not stored properly. But remember that M&M's, like a lot of other sweets, usually have a best before date and not an expiration date. Because of this distinction, you may safely use them even after their best before date has lapsed.
Shelf life. Shelf life is the length of time that a commodity may be stored without becoming unfit for use, consumption, or sale. In other words, it might refer to whether a commodity should no longer be on a pantry shelf (unfit for use), or just no longer on a supermarket shelf (unfit for sale, but not yet unfit for use).