When do the 12 months to re-do an application begin?
Full question: For the 12 months to re-do application, I am confused about exactly when it starts. Count from the first month retirees start collecting benefits or from the first month of applying? Hello, If you change your mind about starting your benefits, you can cancel your application for up to 12 months after you…Read More
I receive Social Security already. Can I cancel my benefits now and reapply later?
Hi there, Yes, there are two opportunities to stop payments and reapply to start again later. If you have been collecting benefits for less than 12 months, you may withdraw your application. This requires you to pay back any Social Security income you have collected, but essentially “wipes the slate clean” so you can reapply…Read More
If it has just been 10 days since I signed up to receive Social Security retirement benefits, can I withdraw my application?
Hi there, Good news! Yes, you may certainly withdraw your application for Social Security retirement benefits. If you have changed your mind about starting your benefits, you can cancel your application for up to 12 months after you became entitled to retirement benefits. This process is called a withdrawal and allows you to reapply later….Read More
I think I made a mistake by claiming Social Security at age 62. Can I change my mind?
Hi there, Yes, you can change your mind, and this is known as withdrawing your application. You can reapply later. If you change your mind about starting your benefits, you can cancel your application for up to 12 months after becoming entitled to retirement benefits. If you are already entitled to Medicare, you may choose to…Read More