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June 1, 2007, Newsletter Issue #67: Retiring overseas
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Tip of the Week
If you retire overseas and, say retire in Mexico, can you still collect Social Security? Yes. Social Security retirement benefits remain payable to expatriates who live any place except Cuba, Cambodia, North Korea, Vietnam, and certain parts of the former Soviet Union, and a few other countries. Almost 400,000 Social Security checks are mailed to beneficiaries living outside of the United States each month, and many more are directly deposited to expatriate recipients' U.S. bank accounts. Recipients living in any of a large number of countries can receive Social Security benefits from an international direct deposit service.
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