Filing for a Social Security retroactive lump sum can be tempting – but there are a few caveats. Find out if this retirement strategy is for you Claiming retroactive Social Security benefits can ...

Social Security and Equivalent Railroad Retirement Benefits, which is available at the IRS web site, www.irs.gov. The publication states, in part, You must include the taxable part of a lump-sum ...

Not many retirees or would-be retirees may be aware of this, but it’s possible to receive a lump-sum payment from their Social Security benefits – under the right conditions. If you have ...

You probably don’t know it, but Social Security can give you a big, lump-sum check for $40,000 or $50,000 or even more — a bonus, like winning a lottery. Should you take the bucks? It’s a ...

When a Social Security beneficiary dies, the Social Security Administration (SSA) offers a lump-sum death payment of $255. This payment aims to provide immediate financial assistance to the family ...

Many Americans think of Social Security as a retirement program that pays out monthly benefits. While this is true, there is a specific circumstance under which you may be entitled to a lump sum ...

The lump sum benefit option isn’t new. The option's been available when claiming retirement benefits at your full retirement age (FRA) or later. Social Security representatives are required to ...

Surprise: The Social Security Administration offers you a lump sum payment that's worth six months of benefits. Sounds nice, but accepting the money has consequences. Here's how the offer works.

You may be able to choose to receive a single lump sum payment representing six months’ worth of Social Security retirement benefits. The lump-sum option is only available to people who have ...

However few know that recipients can also claim a proportion of their entitlement in a lump sum, provided they satisfy certain requirements. Individuals can begin claiming Social Security payments ...