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Social Security’s Lump-Sum Payment Provision

Marcia Mantell, RMA®, NSSA®, in a post on, provides a bit of history associated with Social Security’s often misunderstood lump-sum benefit provision. Her post explains the 6-month lump-sum payout available to claimants electing to start their benefits at (or just after) their full retirement age, and also explains how this provision can be less than desirable for those filling at their maximum benefit age (70). Check out Ms. Mantell’s post here.

If you need any additional information on your Social Security benefits, know that the AMAC Foundation offers a free-to-the-public Social Security Advisory Service. Learn more about this service and how to access it here

The first link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

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