The new year is almost upon us! As you flip the calendar on January 1, you should mark some important deadlines to keep you on track:

 

January

• 1^st:Medicare Coverage starts – assuming you’ve paid your premium
• 1^st:Annual Medicare Advantage Open Enrollment begins
• 15^th:Deadline for Q4 2021 estimated tax payment

February

• Click here for a list of 2021 tax paperwork you’ll probably need to gather
• Create tax file folders for everything from receipts to donations to employment docs
• Make a digital tax folder for electronic statements

March

• 31^st:Annual Medicare Advantage Open Enrollment ends

April

• 1^st: If you turned 70½ in 2021 (and you were born before 7/1/50), this is the first day to withdraw your first IRA required minimum distribution (RMD)
• 1^st: If you turned 72 in 2021 (and you were born after 6/30/50), this is the first day to withdraw your first IRA required minimum distribution (RMD)
• 15^th: Deadline for tax submissions or to apply for an extension
• 15^th: Deadline for Q1 2022 estimated tax payments
• 15^th: Last date to make a 2021 IRA Contribution

June

• 15^th: Deadline for Q2 2022 estimated tax payments

September

• 15^th: Deadline for Q3 2022 estimated tax payment
• 30^th: Deadline for determining designated beneficiaries of an IRA or employer-sponsored retirement plan

October

• 15^th: Deadline for extended individual tax returns
• 15^th: Medicare Open Enrollment period begins

November

• 1^st – 15^th: Open Enrollment period for individual healthcare: MarketPlace

December

• 7^th: Deadline for Medicare Open Enrollment
• 15^th: Deadline for Individual Healthcare Open Enrollment
• 31^st: Deadline for stocks, RMDs, itemized deductions, and gifts to count for 2022 taxes

 

 

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