Should they move the pension as a lump sum?

You can get up to six months of retroactive benefits in a lump sum from Social Security, but should you?

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 ...

Claiming retroactive Social Security benefits can be an attractive option for some retirees as this gives them access to a relatively large lump sum payment. But there are trade-offs involved. In this ...

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 68-year-old who delayed Social Security past full retirement age and claimed six months of retroactive benefits in one ...

Dear Savvy Senior: I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need extra cash. I haven’t yet filed for my retirement benefits and would like to ...

What you need to know about applying for the Social Security Administration’s lump-sum death benefit, a payment available to ...

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 ...