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Social Security “Do-over” rule explained
Maurie Backman explains a little known rule for those who regret claiming Social Security earlier than 70. The rule allows you to withdraw your application for benefits after you’ve filed, repay the money you collected, and file for Social Security again at a later point in time. But, you only get 12 months from your original filing date to withdraw your application for benefits. If you’re beyond that point, the option is unfortunately off the table. Read the full piece here.
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