Birthday Opportunities

The most common month to be born in the United States is September. September 9 is the most common day, and December 25 is the least common day.1

Of course, every birthday is special, no matter when it falls on the calendar. And some birthdays bring new benefits or responsibilities. See whether you can match the following ages with the benefits related to that age.

    50    55    59½  62   65   66   67   70   70½    

___ 1. Eligible for full Social Security benefits for those born in 1960 or later

___ 2. Eligible to enroll in Medicare

___ 3. Earliest age to make catch-up contributions to IRAs and employer-sponsored
retirement plans

___ 4. Eligible for full Social Security benefits for those born between 1943 and 1954

___ 5. Generally able to withdraw money from a tax-deferred retirement plan without incurring a 10% federal income tax penalty

___ 6. Eligible for maximum Social Security worker benefit

___ 7. Must begin taking required minimum distributions from most tax-deferred retirement plans

___ 8. Earliest eligibility age to begin collecting reduced Social Security benefits

___ 9. Earliest age to make "catch-up" contributions to a health savings account

For further information, visit irs.gov, socialsecurity.gov, and medicare.gov.

IMAGE

 
Waddell & Reed
1010 Stony Hill Road Suite 250 Yardley, PA 19067
Securities and Investment Advisory Services offered through Waddell & Reed, Inc., a Broker/Dealer, Member FINRA/SIPC and a Federally Registered Investment Advisor.

Insurance products are offered through insurance companies/agencies with which Waddell & Reed has sales arrangements.

Investment and Insurance products offered through Waddell & Reed, Inc. : Not FDIC/NCUA Insured • No Bank Guarantee • May Lose Value

The information on this site is for general informational and educational purposes only and is not to be considered an individualized recommendation or personalized investment advice. Please consult a professional prior to making financial decisions and keep in mind that investing involves risk including the potential to lose principal.

This site is published for residents of the United States only. Financial Advisors of Waddell & Reed, Inc. may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all of the products and services referenced on this site may be available in every state and through every advisor listed. For additional information please contact the advisor(s) listed on the site, visit the Waddell & Reed, Inc. corporate site at www.waddell.com, or contact the Waddell & Reed compliance department at 800-532-2762.

Much of the content provided on this site written and provided by Emerald Connect, LLC. Waddell & Reed, Inc. and Emerald Connect, LLC are not affiliated companies.

Privacy Policy