Savvy Senior: Social Security Offers Lump Sum Payouts to Retirees
May 4, 2020
Dear Savvy Senior,
In light of the stock market crashing, I’ve heard that Social Security offers a lump-sum payment to new retirees who need some extra cash. I have not yet filed for my retirement benefits and would like to investigate this option. What can you tell me?
There is indeed a little-known Social Security claiming strategy that’s been around for many...