Retired Couple on the Beach

A Retirement Guide for Right Now

The COVID-19 pandemic has caused many people to wonder if it's time to rethink their retirement plans. We collected some of the most common questions from our clients to create this guide that explains how retirement has changed – and how it hasn't.

Calendar Icon Planning Calendar

OCTOBER

  • It's open enrollment season! Most employers hold benefit enrollment sessions in the fall – make sure you have the information you need before you submit your selections, including how your needs may have changed since last year.

OCTOBER 1

  • First date to file the Free Application for Federal Student Aid (FAFSA) for the 2021-2022 school year.
  • Deadline for self-employed persons or small businesses to establish a SIMPLE IRA for 2020.

OCTOBER 15 – DECEMBER 7

  • Annual election period for making changes to Medicare or Medicare Advantage coverage for 2021.

OCTOBER 15

  • Deadline for those who filed for an extension on their 2019 tax returns, SEP contributions or IRA recharacterizations.

DECEMBER 1

  • Last day to buy a security and recognize a loss on the sale of a substantially identical security by the end of the year (sale must occur on December 31).

DECEMBER 31

  • Most employee retirement plans, including profit-sharing plans, must be established, though contributions can often be made until the tax return due date.

For the latest information about your tax statements and important deadlines, visit our 2019 Tax Season Information Center.

Photo of Mike Schroeder

Letter from Mike

How Baird's advisors have adapted to the new landscape.

Man Reviewing Finances on Computer

The Future Is Now

How technology is keeping financial relationships personal in a socially distanced world.

Woman on Beach Looking at Phone

Did You Know?

A new tool, 360 Wealth & Planning, keeps all your financial information at your fingertips.

Angled Stars and Stripes Illustration

Watching the Election Returns

The economic experts at Strategas on how this fall's elections will affect the economy.