The Daily Money: Why retirees are taking Social Security early

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Tuesday, January 7 Happy Tuesday, Money followers. It's David, with the our top business and personal finance stories of the day.   We just wrapped up the holidays and a new season of joy has arrived: Taxes. Here are the key deadlines you need to remember as you navigate piles of paperwork.   Pier 1 is in trouble. The home goods chain plans to close as many as 450 stores, nearly half its locations. Last April, a credit rating agency warned of the "potential for a bankruptcy filing." And in the decade ahead, more retirees than ever could opt to start taking Social Security benefits early, even though they know it means a smaller payout for the rest of their lives. Why? They fear a cut to their benefits. David Brinkerhoff, Deputy Money Editor. When will the IRS start accepting your tax returns? When will taxes be processed in 2020? The IRS says the first day it will accept tax returns is Jan. 27. The final deadline is April 15. Pier 1 Imports to close up to 450 stores CES 2020: But what happened to 2019's hits? Why claiming Social Security early could be more... Do you know the 2020 Tip Challenge? These 8 vehicles were the hottest sellers of 2019 Why are stocks struggling at the start of the week? Cars: Best, worst buyer experiences for 32 car brands Starbucks adds non-dairy, plant-based drinks to menu How to request telecommuting benefits   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Feedback • Privacy Policy/Your California Privacy Rights • Ad Choices • Terms of Service © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102