Almost all financial milestones will fall on your birthday. They might not be the stuff celebrations are made of, but planning for them and making the right moves can make a big difference in your life. We can help you make the kind of choices you’ll be happy with.
Special Birthdays
21 – Age Of Majority UTMA (Uniform Transfers To Minors Act) Accounts
26 – No Longer Eligible For Parent’s Healthcare Insurance
30 – Coverdell ESA (Education Savings Account) Needs To Be Distributed
50 – Catch Up Contributions To Retirement Plans
55 – Catch Up Contributions To HSA (Health Savings Account)
55 – 72(t) Distributions From 401(k)
59 1/2 – Penalty Free Distributions From IRA
62 – First Year Of Social Security Eligibility
65 – First Year Of Medicare Eligibility
67 – Social Security Full-Retirement Age
70 – Social Security Maximum Age
73 – Required Minimum Distributions Begin