Ask Larry

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Can I Stop and Repay a Benefit?

Hi Larry, how do I stop receiving payments, repay what I have already received. This will allow me to begin taking payments at a later date that is better for me tax wise. Thanks, Allen



Hi Allen, if you're still within 12 months of beginning your benefits, then you can withdraw your application and repay all benefits received as a results of your application, including any auxiliary benefits others may have received. Thanks, John

Posted:
June 29, 2016