2023 Personal Finance Calendar

Planning for the future can be a stressful and challenging process. There are so many events and deadlines to keep track of, and when it comes to personal finances, missing an important date could cost you. To add a little sanity to your life, we created a calendar with all the essential personal financial dates of 2023.

The Investopedia 2023 Personal Finance Calendar lists monthly market-moving events, tax deadlines, holidays, and other important dates. Whether you're a novice investor or just trying to save as much money as possible, it's worth comparing your calendar of birthdays, anniversaries, and personal events to our list of key dates to ensure you won't miss out on anything that might impact your finances.

Why Have a Personal Finance Calendar

A financial calendar is a solid budgeting tool. It can help you keep track of important and unavoidable spending you will have to do throughout the year, such as paying your taxes. It can help you set aside funds for periods where you are likely to spend more, such as summer travel or holiday shopping. And it can give you a sense of when you won't be spending as much and might be able to set aside more savings, such as in an emergency fund or a retirement account.

Having a comprehensive personal finance calendar is also a preventive measure. In addition to letting you keep track of the days when you might be able to save money, its most crucial function is preventing you from spending more than you have to. For example, you probably don't love to pay your taxes. But doing so on time saves you from a late payment or late filing fee.

What to Expect in 2023

The dates that will likely be of most significant interest to the average financial planner are the deadlines for filing taxes. In addition to Tax Day on April 18, there are several other deadlines throughout the year that may apply to you, depending on your personal circumstances.

There are also changes to programs, including Social Security and retirement accounts that took effect at the beginning of the year. These changes may affect how much you can save toward your nest egg or what kind of budget you'll be working with during retirement.

Other dates worth looking out for are the "market movers." These are events that can have a significant impact on the stock market, positive or negative. These are worth noting if you plan to buy or sell stock.

Two of the biggest (and the easiest) market movers to plan for are the releases of the Employment Situation report and the Federal Open Market Committee (FOMC) meetings. The former refers to a monthly publication of statistics about the U.S. labor market, with the increase or decrease in employment and unemployment being of particular interest to investors. The latter refers to the eight currently scheduled FOMC meetings in 2023 when the committee will determine what, if any, near-term changes to U.S. monetary policy are necessary.

Annual holidays and other major life events may also need to be considered in your personal financial plan. Some events won't set you back too much—though they are no less worth budgeting for—but others can be quite expensive. It's also worth taking note of big sale dates, such as Black Friday.

Most bank and stock market holidays coincide with national holidays. Hence, investors have another reason to keep an eye out for them, even if they don't celebrate the holidays in question.

January

• Jan. 1:
• Bank Holiday (New Year's Day)
• IRS begins the 2023 tax season; starts accepting and processing individual 2022 tax returns.
• 2023 Social Security changes kick in: Changes include an 8.7% cost-of-living adjustment to monthly benefits, a maximum taxable income increase to $160,200, the annual earnings limit for recipients increasing by $1,680 (prior to full retirement age) or $4,560 (at full retirement age), and Social Security disability benefits per month increasing by $120 (non-blind) or $200 (blind).
• Medicare changes: There are generally a series of changes to the premiums, deductibles, and coinsurance for the four Medicare plans (Part A, B, C, and/or D). For example, Part B—the plan that covers most non-hospital medical costs—is seeing its monthly premiums fall to $164.90 in 2023 (from $170.10) and its deductible fall to $226 from $233. How these changes will affect you will depend on your income and other factors; check how much more (or less) you'll be paying in 2023 and take that into account for your monthly budget.
• Changes to retirement savings rules: There are some complicated changes to the rules for contributing to various savings plans. Check what will happen to the amounts you (and your employer) are allowed to contribute to employer-sponsored plans, how much you can deduct for contributions to a traditional IRA, and whether you are eligible to contribute to a Roth IRA in 2023.
• Jan. 2: Bank and NYSE Holiday (New Year's Day Observed)
• Jan. 6: Employment Situation Report (December)
• Jan. 10: Employees Who Work for Tips Reporting Due Date: If you received $20 or more in tips in December 2022, you must report them to your employer. You can use Form 4070.
• Jan. 16: Bank and NYSE Holiday (Martin Luther King Day)
• Jan. 17:
• Fourth Quarter 2022 Estimated Tax Payment Due: "This is the final day to make estimated tax payments for 2022. Use Form 1040-ES to file estimated payments. However, if you file your 2022 return (Form 1040 or 1040-SR) by January 31 and pay all tax due, you don't have to file a final estimated tax payment.
• Jan. 18:
• Beige Book Release (January)
  
• Jan. 31:
• Individuals Who Must Make Estimated Tax Payments Tax-Filing Due (January): If you didn't pay your final 2022 estimated tax payment by January 17, you can choose to file your income tax return by January 31 and pay any tax due. This prevents you from having to pay any penalty for your late estimated tax filing. However, if you don't file and pay by January 31, you can still file and pay by April 18.
• FOMC Meeting (January)

February

• Feb. 1: FOMC Meeting (January)
• Feb. 3: Employment Situation Report (January)
• Feb. 10: Employees Who Work for Tips Reporting Due Date ($20 or more in January 2023)
• Feb. 12: Major Spending Event (Super Bowl)
• Feb. 14: Major Spending Holiday (Valentine's Day)
• Feb. 15: Individual Exemptions Due (2022): If you claimed any exemptions from income tax withholding on the W-4 that you filed with your employer last year, you must file a new W-4 to continue those exemptions for the next year.
• Feb. 20: Bank and New York Stock Exchange (NYSE) Holiday (Washington's Birthday)

March

• March 8: Beige Book Release (March)
• March 10:
• Employment Situation Report (February).
• Employees Who Work for Tips Reporting Due Date ($20 or more in February 2023)
• March 17: Major Spending Holiday (St. Patrick's Day)
• March 21–22: FOMC Meeting (March)

April

• National Financial Capability Month
• April 7:
• Employment Situation Report (March)
• NYSE Holiday (Good Friday)
• April 9: Major Spending Holiday (Easter)
• April 10: Employees Who Work for Tips Reporting Due Date ($20 or more in March 2023)
• April 18: Tax Day
• Individual Tax Returns Due for Tax Year 2022: You must file your individual tax return using Form 1040 or 1040-SR and pay any tax due unless you file for an extension.
• Individual Tax Return Extension Form Due for Tax Year 2022: You may use Form 4868 to file for an automatic six-month extension of time to file your tax return. However, you must still pay whatever taxes you estimate you owe in order to avoid interest and penalties.
• First Quarter 2023 Estimated Tax Payment Due: If you are self-employed or otherwise do not have income tax withheld (or you won't pay enough income tax through withholding), you must pay the first installment of your estimated tax for 2023.
• Last Day to Make a 2022 IRA Contribution: Contributions to an IRA must be made by this date unless a six-month extension is applied, pushing the deadline to Oct. 16, 2023.
• Last Day to Make a 2022 HSA Contribution: The 2022 HSA contribution limits are $3,650 (self) and $7,300 (family). Those 55 and older can also contribute a $1,000 catch-up contribution.
• April 19: Beige Book Release (April)

May

• May 2–3: FOMC Meeting (April)
• May 5: Employment Situation Report (April)
• May 10: Employees Who Work for Tips Reporting Due Date ($20 or more in April 2023)
• May 14: Major Spending Holiday (Mother's Day)
• May 29: Bank and NYSE Holiday (Memorial Day)
• May 31: Beige Book Release (June)

June

• June 2: Employment Situation Report (May)
• June 12: Employees Who Work for Tips Reporting Due Date ($20 or more in May 2023)
• June 13–14: FOMC Meeting (June)
• June 15:
• Individual Filing Date for U.S. Residents Abroad: U.S. citizens or resident aliens who are living and working outside the U.S. and Puerto Rico (or those on military duty outside the U.S.) must file and pay any tax, interest, and penalties due. Use Form 1040 or 1040-SR. You may file Form 4868 instead to get an additional four months to file, though you must still pay any taxes you estimate you owe to avoid interest and penalties. You will need to file Form 1040 or 1040-SR by October 16. If you're deployed in a combat zone, you may be able to extend your filing deadline further.
• Second Quarter 2023 Estimated Tax Payment Due: Pay the second installment of any estimated tax due.
• June 19:
• Bank & NYSE Holiday (Juneteenth Observed)
• Major Spending Holiday (Father's Day)
• June 30: FAFSA Filing Deadline: Last chance to apply for federal student aid for 2023–24.

July

• July 3: Early NYSE Close
• July 4: Bank & NYSE Holiday and Major Spending Holiday (Independence Day)
• July 7: Employment Situation Report (June)
• July 10: Employees Who Work for Tips Reporting Due Date ($20 or more in June 2023)
• July 12: Beige Book Release (July)
• July 25–26: FOMC Meeting (July)

August

• Aug. 4: Employment Situation Report (July)
• Aug. 10: Employees Who Work for Tips Reporting Due Date ($20 or more in July 2023)

September

• Sept. 1: Employment Situation Report (August)
• Sept. 4: Bank and NYSE Holiday (Labor Day)
• Sept. 6: Beige Book Release (September)
• Sept. 11: Employees Who Work for Tips Reporting Due Date ($20 or more in August 2023)
• Sept. 15: Third Quarter 2023 Estimated Tax Payment Due: Pay the third installment of any estimated tax due for the year.
• Sept. 19–20: FOMC Meeting (September)

October

• Oct. 1: First chance to apply for CSS Profile Open Date (non-federal student aid ) for 2024–25
• Oct. 6: Employment Situation Report (September)
• Oct. 9: Bank Holiday (Indigenous People's Day)
• Oct. 10: Employees Who Work for Tips Reporting Due Date ($20 or more in September 2023)
• Oct. 15: Medicare Open Enrollment: First chance to sign up for the national health insurance program
• Oct. 16: Extended Individual Tax Returns Due: If you received a six-month extension to file your 2022 taxes, file Form 1040 or 1040-SR and pay any tax, penalties, or interest that are due.
• Oct. 18: Beige Book Release (October)
• Oct. 31:
• Major Spending Holiday (Halloween)
• FOMC Meeting (September)
  

November

• Nov. 1 FOMC Meeting (November)
• Nov. 3: Employment Situation Report (October)
• Nov. 11:
• Bank Holiday (Veterans Day)
• Major Discount Shopping Day (Singles' Day)
• Nov. 13: Employees Who Work for Tips Reporting Due Date ($29 or more in October 2023)
• Nov. 23: Bank and NYSE Holiday (Thanksgiving Day)
• Nov. 24:
• Early NYSE Close
• Major Discount Shopping Day (Black Friday)
• Nov. 25: Major Discount Shopping Day (Small Business Saturday)
• Nov. 27: Major Discount Shopping Day (Cyber Monday)
• Nov. 29: Beige Book Release (December)

December

• FAFSA Open Date: First chance to apply for federal student aid for 2024–25
• Dec. 7: Medicare Open Enrollment Due Date: Last chance to sign up for the national health insurance program
• Dec. 8: Employment Situation Report (November)
• Dec. 11:
• Employees Who Work for Tips Reporting Due Date ($20 or more in November 2023)
• Major Discount Shopping Day (Green Monday)
• Dec. 12–13: FOMC Meeting (December)
• Dec. 23: Major Discount Shopping Day (Super Saturday)
• Dec. 25: Bank and NYSE Holiday (Christmas Day)
• Dec. 31:
• Last Day to Contribute to Charity for a Tax Deduction
• Last Day for 401(k) Contributions

Other Events to Keep in Mind

Aside from the monthly events you should account for that are listed above, here are a few others that you may want to mark down on your calendar. These events aren't date-specific and depend on your personal circumstances.

• Best Time to Get Married: Beginning of the year
• Best Time to Sell a Car: March to August
• Best Months to Lock in a Fixed Utility Bill Price: Spring (March/April) and fall (September/October)
• Best Time to Rent a House: Winter (December to March)
• Best Time to Take a Vacation: Varies by off-season and shoulder season, depending on location
• Required Minimum Distributions (RMDs): If you turned 72 before January 1, 2023, you will need to take an RMD in 2023. If you did not turn 72 by December 31, 2022, you will not need to take RMDs until you are 73.
• Other Major Spending Events: Back to school/college, graduation, wedding, milestone birthday or anniversary, etc.
• Annual Event: Portfolio rebalancing

Correction—Jan. 5, 2023: This article was corrected from a previous version that listed the award year for both the FAFSA and the CSS opening in October as 2023–24. The correct award year is 2024–25.

The Bottom Line

A personal finance calendar is a useful tool for budgeting, saving, and investing. It can help you plan for major expenses and keep track of important days, such as tax day or events that impact the stock market. It can also keep track of things like major holidays that will impact your spending or that are good times to get discounts when you shop.

The Investopedia 2023 Personal Finance Calendar can help you keep track of monthly market-moving events, holidays, tax deadlines, and other dates that will impact your financial life in 2023 and beyond.