Seventy-four participants (aged 20-82 years) went through a continuous performance recognition memory task with multiple repetitions of words and non-words while ERPs were recorded from the scalp. The old/new ERP effect (the difference in activation to stimuli correctly recognized as old and stimuli correctly recognized as new) for words but not non-words declined with increasing age in a linear pattern, but the relationship between the old/new effect and age varied throughout the ERP time window. Differences in topography between age groups were manifested in a frontal shift in activation for older age groups. Further, the data point to differences in semantic versus non-semantic processing across the adult life span, and it is concluded that specific cognitive memory processes are differentially involved at different ages.