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mollyh115
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What does it mean prior year for lump-sum payment

 
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Cindy0H
New Member

What does it mean prior year for lump-sum payment

lump-sum payment is a one-time Social Security payment that you received for prior-year benefits. For example, when someone is granted disability benefits they'll receive a lump sum to cover the entire time since they first applied for disability. This period could cover months or years.

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