Important Dates

Important Dates In 2021

January 1st: First day to contribute to an IRA, Roth IRA, or employer retirement plan for the year.

January 15th: Final estimated quarterly tax payment due for Q4 of previous year, if you’re self-employed or underpaid taxes based on your income.

March 31st: End of Medicare Part A & Part B General Enrollment Period, for coverage to begin July 1st.

March 31st: Last day to submit claims for eligible medical expense from the previous year for many flexible spending account (FSA) plans with a use-it-or-lose-it rollover rule.

April 1st: Last day, without penalty, to take your first IRA required minimum distribution (RMD) if you turned age 72 last year, aka your Required Beginning Date.

April 15th: Last day to file income taxes or apply for an extension.

April 15th: Due date for Q1 estimated quarterly tax payments for previous year, if you’re self-employed or underpaid taxes based on your income.

April 15th: Last day to make retirement plan or health savings account (HSA) contributions for previous year.

May 31st: Deadline for custodians & insurance companies to mail out Form 5498 showing any contributions (including deposits or transfers) in retirement accounts, or any Roth conversions, or recharacterizations made between January 1, 2020 and April 15, 2021

June 15th: Last day to file income taxes if U.S. Citizens or resident aliens living abroad, including military.

June 15th: Due date for Q2 estimated quarterly tax payments for previous year, if you’re self-employed or underpaid taxes based on your income..

June 30th: Last day to submit college FAFSA (Free Application for Student Aid) for 2021-2022 school year

September 15th: Due date for Q3 estimated quarterly tax payments for previous year, if you’re self-employed or underpaid taxes based on your income.

September 30th: Last day to determine beneficiaries after an IRA owner’s death.

Between October 1st and November 1st: Employers announce the upcoming open enrollment period to choose your workplace benefits for the next year.

October 15th: Last day to file Income taxes if extension was filed. Last day to open and/or contribute to a SEP (Simplified Employer Plan) for self-employed and business owners.

October 15th: Medicare open enrollment begins.

October 31st: Deadline to provide plan administrator or IRA custodian required documentation on IRA inherited by a trust in the previous year.

November 1st: Healthcare open enrollment begins.

December 7th: Medicare open enrollment ends.

December 15th: Healthcare open enrollment ends.

December 31st: Last day to setup most types of retirement accounts so contributions count for the current year.

December 31st: Last day, without penalty, to take your required minimum distributions (RMD’s) from IRA’s, 401(k)’s, Roth 401(k)’s, 403(b)’s etc., unless it’s your first year (turning 72 this year) or other exception applies

December 31st: Last day to liquidate the entire value of inherited IRA’s on a 5-year rule.

December 31st: Last day for 401(k) contributions, Roth conversions, itemized deductions, stocks, and gifts to count for the current tax year.