Talk:Checklist of important retirement dates

Does this start the discussion?


 * Possible addition:
 * Age 85-95; age range at which many deferred annuity account balances (both  fixed deferred and  variable deferred) must be annnuitized; refer to specific annuity contract for precise age. --Blbarnitz 15:40, 31 August 2011 (EDT)

(Yes, this starts the discussion.) Tip: By convention, use the "Sig" icon in the editing toolbar (4th from the left) to "sign" your comments. It appears as --~, but will convert to your screen name, time and date upon Save page or Show preview. This is also done in Wikipedia, we follow their convention.

What do you consider to be a "Special case"? There are exemptions and special rules for just about every plan. I guess it depends on what's popular.

I modified the IRA contribution limit, as it depends on the calendar year when you hit 70.5. For example, if you are 70.5 in July 2011, you can contribute for 2011. But if you are 70.5 in February, you cannot contribute for 2011. IRS publication 590:

"Age 70½ rule. Contributions cannot be made to your traditional IRA for the year in which you reach age 70½ or for any later year. You attain age 70½ on the date that is six calendar months after the 70th anniversary of your birth. If you were born on or before June 30, 1940, you cannot contribute for 2010 or any later year."

--LadyGeek 21:34, 31 August 2011 (EDT)

This table is a great idea! I'm wondering why the age entries FRA(65-67)(FRA) have the additional (FRA) at the end? The reason for the redundancy isn't clear to me.--ThePrune 21:52, 31 August 2011 (EDT)


 * I removed the double FRA references, executed a few minor tweaks and added the annuity ages (shifted sigs to end of comments/per convention). --Blbarnitz 05:34, 1 September 2011 (EDT)

--ThePrune 21:39, 1 September 2011 (EDT) Am I misreading something? It looks to me like the first FRA (65 to 67) entry and the last FRA (65 to 67) entry are referring to the same thing.

According to the SS website, you are correct so I removed the duplicate entry. Also, there is a differentiation between Normal Retirement Age and Full Retirement Age and updated accordingly. I'm not familiar with the "FRA (66 to 67)" entries, so I left them alone. --LadyGeek 11:30, 2 September 2011 (EDT)

--Watty 23:43, 2 September 2011 (EDT) Under the milestones section I added a line about pension and retirement plan vesting

I also took out the line "FRA (66 to 67) If still employed, may be eligible to receive spousal social security benefits while delaying your own benefits. " because it pretty much duplicated the line just before it.

This link shows the Full Retirement age as starting at 65  under the heading "Age To Receive Full Social Security Benefits "  so I would think that 65 would be the correct beginning of the range for someone born before 1938. I didn't change this in case I am missing something.

For background most of this list came from this thread back in June and when I put it together for the Wiki  I tried to not leave much out so nothing would be missed.

The "special case" section that was asked about that referred to the older 403b contributions comes from several entries in that thread that went into way more detail than I understood but it looked like it might be important to some people so I didn't want to leave it out. Maybe "Situations to watch out for" would be a better way to phrase it. --Watty 23:43, 2 September 2011 (EDT)

--Watty 00:11, 3 September 2011 (EDT) Under 35 years of full time work I changed "will have minimal impact"  to "may have minimal impact"