12 Key Dates For Retirees in 2022

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2022 Key Dates

March 31st

On this date, the general enrollment for traditional Medicare, as well as the open enrollment for Medicare Advantage will end.

April 1st

If you turned 72 in 2021 and you DIDN’T take a required minimum distribution last year, then this concerns you. If you didn’t know this by now, when you turn 72 years old, you start taking distributions from tax-deferred retirement savings accounts.

However, if you are a first-timer you can wait until April 1st of the year after your 72nd birthday to take the initial RMD. After that, the official deadline for taking RMDs is December 31st.

Be aware that if you delay taking your first RMD, you have to take a second distribution, but in the same year. As a result that will boost your total taxable income.

April 18th

You have to thank Emancipation Day for this one. Due to the District of Columbia is celebrating it on April 15th, the filing deadline is pushed to April 18th.

June 15th

On June 15th, you should pay attention to the fact that your second-quarter estimated tax payment is expected.

July 1st

There’s nothing major or significant happening on this date, however, it would be a good idea for you to check on your 2022 tax tab and see if everything is on track, so that you can avoid penalties of any kind.

In addition, if you pay more than 90% of your current taxes, you can successfully avoid them.

September 15th

On this date, the third-quarter estimated taxes should be paid.

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