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. Starting at age 50, several birthdays and “half-birthdays” are critical 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!



License holders who are 16 years old may not drive with more than one non-family passenger unless accompanied by a parent, guardian or legal custodian.


Individuals have the right to actively participate in the political decision-making process by choosing between competing people or ideas without fear or reprisal.
Big 5-0!


Workers in certain qualified retirement plans are able to begin making annual catch-up contributions in addition to their normal contributions.
Alive At 55!


If you separate from service in or after the year you turn age 55 and have a qualified plan at the job you left you may be able to take distributions from the Retirement Plan penalty free. Be warned the strategy does not work if you move money to an IRA.
And 1/2


Workers are able to start making withdrawals from qualified retirement plans without incurring a 10% federal income-tax penalty. In many cases, if you continue to work, you can still take advantage of an in-service rollover of your 401k while working. GET THE GUIDE


Workers are first able to draw Social Security retirement benefits. However, if a person continues to work, those benefits will be reduced. The Social Security Administration will deduct $1 in benefits for each $2 an individual earns above an annual limit. GET THE GUIDE


Individuals can qualify for Medicare. The Social Security Administration recommends applying three months before reaching age 65. GET THE GUIDE

65 to 67

Individuals become eligible to receive 100% of their Social Security benefit. The age varies, depending on birth year. GET THE GUIDE

73 to 75 (depending on birthdate)

Participants must begin taking required minimum distributions (RMDs) from traditional IRAs and qualified retirement plans, such as 401(k), 403(b), and 457 plans. RMDs are based on your account balance and life expectancy. GET THE GUIDE
Important Dates In 2023
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