If, at any time within 12 months of receiving your first benefit check, you regret your decision to claim benefits early and wish you'd have been able to let your payout grow, here's what you can do and how the process works.
{AUDIO} Take a listen: Social Security: Can I Have a Do-Over?
When can officially have a Social Security do-over?
You have 12 months after you first begin receiving Social Security.
How does someone go about a Social Security do-over?
In those instances where retirees are healthy enough to work and have been receiving a Social Security benefit for less than 12 month, you must file and submit a "Request for Withdrawal of Application".
Need help or have questions regarding your Social Security? We can help.
We can help you not only apply for a "Request for Withdrawal", we can also help you strategize your Social Security benefit as part of your total retirement income plan.
Give us a call at 320.222.4236 to schedule your no-cost Social Security application meeting.
Or you can email me at tim@taatjesfinancial.com.