The Internal Revenue Service says it has already issued more than 40 million refunds this year, with an average refund of $3,116.
It is a prime opportunity to boost a retirement plan, although a new survey released late last week by financial services firm Edward Jones found that saving for retirement may be easier said than done.
The survey showed that 30 percent of the respondents planned to save a tax refund and eight percent planned to invest it.
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