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Getting a lump sum payment after suspending benefits
In his regular Forbes column about Social Security, Laurence Kotlikoff answers a reader’s question about whether he can receive a lump sum payout back to his full retirement age if he has suspended his benefits. As with so many Social Security questions, the answer is “it depends”, but Mr. Kotlikoff deftly explains the rules of when one can get a lump sum payout, and when not. Additionally, there are other Social Security questions which are tackled in this regular “Ask Larry” article. Click here to read more.