Our Calendar

Reaching age 50 during the year (allows for catch up contributions to retirement plans)

Reaching age 55 (allows for 401(k) distributions, without the 10% penalty, to participants currently terminating employment, specific requirements must be met)

Reaching age 59 1/2 (allows for IRA, annuity, and retirement plan distributions without penalty)

Reaching age 60, if widowed (allows for start of widow/widower benefits from Social Security)

Reaching age 62 (allows for start of early Social Security benefits)

Reaching age 65 (allows for enrollment in Medicare and drug plan)

Reaching age 65-67 (allows for Full Retirement benefits from Social Security)

Reaching age 70 (maximum Social Security benefits)

Reaching age 70 1/2 (allows you to transfer up to $111,000 [for 2026] directly from an IRA to charity)

Reaching age 72 (mandatory Required Minimum Distributions for those born between July 1, 1949, and December 31, 1950)

Reaching age 73 (mandatory Required Minimum Distributions for those born between 1/1/1951 and 12/31/1959)

Reaching age 75 (mandatory Required Minimum Distributions for those born 1/1/1960 or later)