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Sloan Center News

How to Get Social Security In a Lump Sum (Without Taking Any Lumps)

Philip Moeller, Center's research fellow wrote an article about Social Security.

According to Moeller, "You can get a big one-time payment from Social Security. But you will give up other benefits, so proceed carefully.

When you think of Social Security benefits, you probably imagine a regular stream of income. What you may not realize is that two kinds of claiming strategies can get you a big lump-sum benefit—one that may be worth more than $100,000 to higher-income retirees."  Read the article »