met their match

AGE 50–65: Think about it. Explore whether long-term care insurance is right for you. The earlier you purchase it, the less expensive your premium will be.

AGE 50–65: Think about it. Explore whether long-term care insurance is right for you. The earlier you purchase it, the less expensive your premium will be.

AGE 50: Play catch-up. You can make annual catch-up contributions to qualified accounts in addition to your normal contributions.

AGE 55: Did you retire? If you are retired, you can begin receiving penalty-free distributions from a 401(k).

AGE 59: No early withdrawal penalty! You can begin penalty-free distributions from IRAs, qualified plans, and Roth IRAs that are at least five years old.

AGE 60: Widowed? You can apply for reduced Social Security benefits under a deceased spouse’s earnings record.

AGE 62: Claim now or delay? You can apply for reduced Social Security under your own earnings record.

AGE 65: Time to apply for Medicare. You can apply for Medicare (Parts A and B) beginning three months before your birthday.

• Coverage starts the 1st of the month in which you turn 65. •
• If you are employed/covered by other insurance, you can enroll any time after 65.

AGE 65: Time to apply for Medicare. If you choose a Medicare Advantage Plan consider purchasing a Hospital Indemnity Plan. It will lower your Maximum Out of Pocket Exposure.

• AGE 65: Time to apply for Medicare. If you choose a Medicare Advantage Plan consider purchasing a Hospital Indemnity Plan. It will lower your Maximum Out of Pocket Exposure.
• Individuals born before 1955 are eligible to receive their full benefits.
• Individuals born between 1955 and 1959 receive their full benefits at 66 years of age plus a set number of months determined by the year in which they were born (66+2 months, 66+4 months, 66+6 months, etc.).
• Individuals born after 1960 must reach age 67 before they become eligible to receive their full benefits.

AGE 70: Claim your maximum benefit. If you delayed receiving Social Security benefits, you can now apply to get the maximum benefit.

AGE 72: Access your savings. You must start receiving your traditional IRA and 401(k) required minimum distribution (RMD) for the year in which you reach age 72 (73 if you reach age 72 after Dec. 31, 2022). However, you can delay taking your first, and only your first, RMD until April 1 of the following year.