How to Undo Claiming Social Security Early
WORKERS AGE 62 AND older who have been laid off, furloughed, faced pay cuts or forced into early retirement have the option to sign up for Social Security. However, you get smaller monthly payments if you sign up for Social Security before your full retirement age, which is 66 for most baby boomers and 67 for everyone born in 1960 or later. If you were eligible for $1,000 per month at your full retirement age of 66, you will get just $750 per month if you begin receiving payments at age 62. These lower payments typically last for the rest of your life.
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