If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment.
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1030 W Canton Avenue, Suite 102,
Winter Park FL 32789
715 Douglas Ave Suite# 40,
Altamonte Springs, FL 32714
If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment.
If you are about to turn 70, congratulations on reaching a big milestone. And if you also have delayed claiming Social Security retirement benefits up till now, you are joining a select group -- only 6.5 percent of Social Security recipients put off collecting their benefits.
Tax day, which is Tuesday, April 19 in 2022, is approaching and it is time to begin crossing T's and dotting I's in preparation for paying taxes.
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1030 W Canton Avenue, Suite 102,
Winter Park FL 32789
715 Douglas Ave Suite# 40,
Altamonte Springs, FL 32714