The pros of receiving Social Security lump sum payments If your client decides to take the lump sum for benefits that are retroactive to their reaching full retirement age, they can enjoy these perks: ...

The potential size of the lump sum can be substantial. In 2025, the average monthly Social Security benefit is projected to be $1,976. Opting for the maximum six-month retroactive payment could ...

If you choose to file for a Social Security retroactive lump sum, the SSA will write you a check worth $2,500 per month. This is equivalent to a single payment of $15,000, which can be a very ...

The Social Security Administration has now processed about 91% of cases related to a new law that is prompting higher benefits and lump-sum retroactive payments for nearly 3 million people ...