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 reached ...

A 23% benefit cut, retroactive payments, and new tax rules may impact when you should claim Social Security. These five factors can help you rethink your timing.

As workers head off into retirement, many pension plans offer them a choice between a lump-sum benefit and a lifetime of annuity payments. Now a growing number of employers are offering lump sums to ...

What Is a Social Security Lump Sum Payout? Social Security retirement benefits are paid monthly. However, if you’ve passed your full retirement age and have not yet filed, you can claim retroactive ...

The Social Security Administration has now processed about 91% of cases related to a new law that is prompting higher benefits and lump-sum retroactive payments for nearly 3 million people, according ...

For many pension plan participants who have not started benefits, the equivalent lump sum benefit amount of their monthly pension in single-employer DB plans will abruptly fall. The culprit is ...