Lump sum payouts for Social Security? Yep
Some retirees qualify for up to six months of retroactive benefits; pay for those larger items
I received an e-mail from a reader the other day asking if I was aware of the bonus lump sum payment available for those who wait until after their full retirement age to claim their Social Security benefits.
I was, of course, aware of the 8% per year delayed retirement credit available to those
Learn more about reprints and licensing for this article.