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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
What Are The Repayment Terms When You Request A Withdrawal?
If I start SS and stop within the one year requirement, I realize that all payments must be repaid.
My question is what is the repayment terms / conditions? For example, is there a payment schedule (or) is repayment one lump sum repaid immediately?
Thanking you in advance....
Hi. You can't withdraw a claim for benefits unless you fully repay any and all of the benefits you've been paid up front. Repaying by installments isn't an option when you request a withdrawal.
Best, Jerry
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November 19, 2021