Can you recommend any services that help pre-retirees decide when to start drawing their Social Security benefits? My wife and I are approaching retirement age and want to carefully weigh our options to make sure we're maximizing our benefits.
Deciding when to begin collecting your Social Security benefits could be one of the most important retirement-income decisions you'll make. The difference between a good decision and a poor one could cost you tens of thousands of dollars over your retirement, so doing your homework and weighing your options now is a wise move.
What to Consider
As you... More
On June 21 IRS Commissioner John Koskinen spoke at the IRS Tax Policy Center Joint Research Conference in Washington. He explained that as IRS Commissioner, he is regularly asked his opinion about tax reform.
Koskinen stated, "I have had people asking me whether the IRS might resist significant tax simplification, and actually the opposite is true. No one would be more delighted with a more simplified tax code than IRS employees. There are many significant benefits on the administrative side if the code itself were simplified as much as possible . . . making life easier for taxpayers, and it... More