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To: Lurking in Kansas
Withdraw your retirement claim and repay the benefits you drew between age 62 and 70.
Yes - it's called the "one time do over" and the good news is you get to keep all the interest you may have made while accumulating those SS checks.
The bad news is one day you've got $150K (say) in the bank, next day you have $0.
20 posted on 06/05/2010 5:18:10 PM PDT by oh8eleven (RVN '67-'68)
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To: oh8eleven
The bad news is one day you've got $150K (say) in the bank, next day you have $0.

No, the next day you'll have the interest on 8 years of SSA deposits -- not $0. And a larger monthly check starting now.

Of course, it is a gamble ...like most things in life.

26 posted on 06/05/2010 5:29:21 PM PDT by Lurking in Kansas (Never argue with an idiot. They drag you down their level, then beat you with experience.)
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To: oh8eleven

More bad news is that you end up croaking at age 69. So sorry, may I help the next in line, please.


36 posted on 06/05/2010 5:56:10 PM PDT by JPG (Mr. Gore, we have a warrant for your arrest...put your hands behind your back.)
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