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How You Can Use Your Social Security Benefits as an Interest-Free Loan
One little-known Social Security retirement benefits rule is the so-called “do-over rule.” Under this rule, an individual 62 years or older can start collecting benefits but stop the benefits within 12 months of the start, repay the benefits collected, and then still be eligible for their higher benefit amount when they collect at full retirement age or older. What’s the advantage if the benefits must all be immediately repaid? The strategy can work as a short-term interest fee loan...Read More
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