The current study aimed to investigate the effect of depression and age-related factors on metamemory measures in an Italian adult sample. Fifty-eight healthy participants were recruited in Northern Italy and were, respectively, assigned to the following groups: Young (20-30 years old), old (60-70 years old), and Very Old (71-84 years old). Participants were administered a battery of tests, including a word recall task, self-referent mnestic efficiency scales, general beliefs about memory, and depression measures. General beliefs about memory, self-efficacy, and beliefs about the control of personal memory were predicted by age, education, depression, and mnestic and cognitive efficiency. Finally, age-related differences were found in metamemory measures: the accuracy of mnestic control processes is thought to be lower by very old adults than by old and young individuals.