2023 Personal Finance Calendar

Everything you need to know for the new year

Financial Planning for 2023

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.

Key Takeaways

  • For most people, Tax Day will fall on April 18. However, there are several additional tax deadlines throughout the year that may apply to you, especially if you are self-employed or own a business.
  • Market-moving events to keep an eye on including the releases of the monthly Employment Situation report and the Federal Open Market Committee (FOMC) meetings.
  • Some seasons are better than others for buying or selling a home, taking a vacation, or making a major purchase.

The Internal Revenue Service (IRS) often extends tax filing deadlines for victims of major storms and other disasters. You can consult IRS disaster relief announcements to determine your eligibility.

Why a Personal Finance Calendar Makes Sense

If the last few years have proved anything, it's that you can't prepare for everything. The COVID-19 pandemic hit with little to no warning, and its financial effects have been devastating for many.

That's why it's essential to plan for what you can, and we already have a fairly good idea of what to expect in 2023. Though many people's financial plans have been upended by the coronavirus, this year may offer a chance to start getting back on track.

Having a comprehensive personal finance calendar is 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, most people don't love to pay their taxes, but doing so on time saves you from a late payment or late filing fee.

A calendar is also a solid budgeting tool, enabling you to plan for holiday shopping and other important expenditures.

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 additional and alternate deadlines throughout the year that may apply to you, depending on your circumstances.

There are also changes to programs, including Social Security and retirement accounts that took effect at the beginning of the year that 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) 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.

Month-by-Month Breakdown

Jan 2023 PFC

January

  • Jan. 1:
  • Bank Holiday (New Year's Day).
  • IRS begins the 2023 tax season and starts accepting and processing individual 2022 tax returns.
  • 2023 Social Security changes kick in: Changes include a 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, so 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 (for December 2022): "If you received $20 or more in tips during December, report them to your employer."
  • Jan. 16: Bank and NYSE Holiday (Martin Luther King Day).
  • Jan. 17:
  • Beige Book Release (January).
  • Fourth Quarter 2022 Estimated Tax Payment Due: "Make a payment of your estimated tax for 2022 if you didn't pay your income tax for the year through withholding (or didn't pay in enough tax that way). Use Form 1040-ES. This is the final installment date for 2022 estimated tax payments. However, you don't have to make this payment if you file your 2022 return (Form 1040 or Form 1040-SR) and pay all tax due by January 31, 2023."
  • Jan. 31:
  • Individuals Who Must Make Estimated Tax Payments Tax-Filing Due (January): "If you didn't pay your last installment of estimated tax by January 17, you may choose (but aren't required) to file your income tax return (Form 1040 or Form 1040-SR) for 2022 by January 31. Filing your return and paying all tax due by January 31 prevents any penalty for late payment of the last installment. If you can't file and pay your tax by January 31, file and pay your tax by April 18."
  • FOMC Meeting (January).
Feb 2023 PFC

February

  • Feb. 1: FOMC Meeting (January).
  • Feb. 3: Employment Situation Report (January).
  • Feb. 10: Employees Who Work for Tips Reporting Due Date (for January 2023): "If you received $20 or more in tips during January, report them to your employer."
  • Feb. 12: Major Spending Event (Super Bowl).
  • Feb. 14: Major Spending Holiday (Valentine's Day).
  • Feb. 15: Individual Exemptions Due (2022): "If you claimed exemption from income tax withholding last year on the Form W-4 you gave your employer, you must file a new Form W-4 by this date to continue your exemption for another year."
  • Feb. 20: Bank and New York Stock Exchange (NYSE) Holiday (Washington's Birthday).
Mar 2023 PFC

March

  • March 7: Beige Book Release (March).
  • March 10:
  • Employment Situation Report (February).
  • Employees Who Work for Tips Reporting Due Date (for February 2023): "If you received $20 or more in tips during February, report them to your employer."
  • March 17: Major Spending Holiday (St. Patrick's Day).
  • March 21–22: FOMC Meeting (March).
Apr 2023 PFC

April

  • Financial Literacy Month.
  • April 7: Employment Situation Report (March).
  • April 9: Major Spending Holiday (Easter).
  • April 10: Employees Who Work for Tips Reporting Due Date (for March 2023): "If you received $20 or more in tips during March, report them to your employer."
  • April 15: NYSE Holiday (Good Friday).
  • April 18: Tax Day!
  • Individual Tax Returns Due for Tax Year 2022: "File a 2022 Form 1040 or Form 1040-SR and pay any tax due."
  • Individual Tax Return Extension Form Due for Tax Year 2022: "If you want an automatic six-month extension of time to file the return, file Form 4868 and pay what you estimate you owe in tax to avoid penalties and interest."
  • First Quarter 2023 Estimated Tax Payment Due: "If you’re not paying your 2023 income tax through withholding (or won't pay in enough tax during the year that way), pay the first installment of your 2023 estimated tax."
  • 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 is $3,650 (self) and $7,300 (family). Those 55 and older can also contribute a $1,000 catch-up contribution.
  • Beige Book Release (April).
May 2023 PFC

May

  • May 2–3: FOMC Meeting (April).
  • May 5: Employment Situation Report (April).
  • May 10: Employees Who Work for Tips Reporting Due Date (for April 2023): "If you received $20 or more in tips during April, report them to your employer."
  • May 14: Major Spending Holiday (Mother's Day).
  • May 29: Bank and NYSE Holiday (Memorial Day).
  • May 30: Beige Book Release (June).
Jun 2023 PFC

June

  • June 2: Employment Situation Report (May).
  • June 12: Employees Who Work for Tips Reporting Due Date (for May 2023): "If you received $20 or more in tips during May, report them to your employer."
  • June 13–14: FOMC Meeting (June).
  • June 15:
  • Individual Filing Date for U.S. Residents Abroad: "If you’re a U.S. citizen or resident alien living and working (or on military duty) outside the United States and Puerto Rico, file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due. Otherwise, see Individuals under April 18, earlier. If you want additional time to file your return, file Form 4868 to obtain 4 additional months to file and pay what you estimate you owe in tax to avoid penalties and interest. Then, file Form 1040 or Form 1040-SR by October 16. However, if you’re a participant in a combat zone, you may be able to further extend the filing deadline."
  • Second Quarter 2023 Estimated Tax Payment Due: "Make a payment of your 2023 estimated tax if you’re not paying your income tax for the year through withholding (or won't pay in enough tax that way)."
  • 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.
Jul 2023 PFC

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 (for June 2023): "If you received $20 or more in tips during June, report them to your employer."
  • July 11: Beige Book Release (July).
  • July 25–26: FOMC Meeting (July).
Aug 2023 PFC

August

  • Aug. 4: Employment Situation Report (July).
  • Aug. 10: Employees Who Work for Tips Reporting Due Date (for July 2023): "If you received $20 or more in tips during July, report them to your employer."
Sep 2023 PFC

September

  • Sept. 1: Employment Situation Report (August).
  • Sept. 4: Bank and NYSE Holiday (Labor Day).
  • Sept. 5: Beige Book Release (September).
  • Sept. 11: Employees Who Work for Tips Reporting Due Date (for August 2023): "If you received $20 or more in tips during August, report them to your employer."
  • Sept. 15: Third Quarter 2023 Estimated Tax Payment Due: "Make a payment of your 2023 estimated tax if you’re not paying your income tax for the year through withholding (or won't pay in enough tax that way)."
  • Sept. 19–20: FOMC Meeting (September).

As of Nov. 10, 2022, Kaiser Family Foundation has reported Medicare Part D coverage (prescription drugs) is projected to cost an average of $43 per month in 2023, versus $39 per month in 2022.

Oct 2023 PFC

October

  • Oct. 1:
  • FAFSA Open Date: First chance to apply for federal student aid for 2024–25.
  • New CSS Profile Open Date: First chance to apply for 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 (for September 2023): "If you received $20 or more in tips during September, report them to your employer."
  • 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 have an automatic six-month extension to file your income tax return for 2022, file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due."
  • Oct. 17: Beige Book Release (October).
  • Oct. 31:
  • Major Spending Holiday (Halloween).
  • FOMC Meeting (September).
Nov 2023 PFC

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 (for October 2023): "If you received $20 or more in tips during October, report them to your employer. You can use Form 4070."
  • 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. 28: Beige Book Release (December).
Dec 2023 PFC

December

  • 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 (for November 2023): "If you received $20 or more in tips during November, report them to your employer."
  • Major Discount Shopping Day (Green Monday).
  • Dec. 12–13: FOMC Meeting (December).
  • Dec. 15: Affordable Care Act Open Enrollment Due Date: Last chance to sign up for 2024 healthcare.
  • 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
  • Required Minimum Distributions Due: If you turned 72 last year
  • Major Spending Events: Back to school/college
  • Major Spending Events: 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.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. U.S. Bureau of Labor Statistics. "Schedule of Releases for the Employment Situation."

  2. The Federal Reserve System. "Federal Open Market Committee."

  3. The Federal Reserve System. "Holidays Observed - K.8."

  4. Turbotax. "Every Tax Deadline You Need To Know."

  5. Social Security Administration. "Fact Sheet: 2023 Social Security Changes," Page 1.

  6. Centers for Medicare & Medicaid Services. "2023 Medicare Parts A & B Premiums and Deductibles 2023 Medicare Part D Income-Related Monthly Adjustment Amounts."

  7. Internal Revenue Service. "Taxpayers Should Review the 401(k) and IRA Limit Increases for 2023."

  8. New York Stock Exchange. "Holidays & Trading Hours."

  9. Internal Revenue Service. "Tax Calendars," Page 3.

  10. National Retail Federation. "Holiday and Seasonal Trends."

  11. Internal Revenue Service. "Tax Calendars," Pages 4–5.

  12. Internal Revenue Service. "Tax Calendars," Page 4.

  13. Internal Revenue Service. "IRA Year- End Reminders."

  14. Internal Revenue Service. "Tax Calendars," Page 5.

  15. Fidelity. "HSA Contribution Limits and Eligibility Rules."

  16. Federal Student Aid. "FAFSA® Deadlines."

  17. Kaiser Family Foundation. "Medicare Part D: A First Look at Medicare Drug Plans in 2023."

  18. Medicare.gov. "Joining a Health or Drug Plan."

  19. U.S. Small Business Administration. "SBA Initiatives."

  20. Fidelity. "6 Year-End Money Deadlines to Know."

  21. Internal Revenue Service. "Retirement Topics — Required Minimum Distributions (RMDs)."

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