Important Birthdays Over 50!
Most children stop being “and-a-half” somewhere around age 12. Kids add “and-a-half” to make sure everyone knows they’re closer to the next age than the last.
When you are older, “and-a-half” birthdays start making a comeback. In fact, starting at age 50, several birthdays and “half-birthdays” are critical to understand because they have implications regarding your retirement income.
To learn more about the impact your upcoming birthdays can have on your overall retirement, click on the button to the right and download our guide!
16
18
50
55
59½
62
65
65 to 67
16
18
50
55
59½
62
65
65 to 67
Important Dates This Year
January 1st: Medicare Advantage Open Enrollment Period and Medicare General Enrollment Period begins.
January 15th: Due date for quarterly estimated taxes for the fourth quarter of the previous year.
April 18th: Last day to file income taxes or apply for an extension. Also, the last day to contribute to a traditional or Roth IRA, and HSA for the previous year.
June 30th: Last day to submit a FAFSA application.
September 30th: Last day to determine beneficiaries after an IRA owner’s death.
October 15th: End of six-month filing extension period for federal taxes. Also, extended deadline to contribute to an SEP IRA for the self-employed and self-business owners.
October 15th: Medicare Advantage and drug plan open enrollment starts.
December 31st: Last day to take RMDs from an IRA, 401(k), and inherited IRAs. Last day to set up most types of retirement accounts so contributions count for the current year. Also, last day for 401(k) contributions, itemized deductions, stocks, and gifts to count for the 2021 tax year.