Happy Special Birthday to You!
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
Talk to us before they put another candle on your birthday cake!
