LUMP SUM INCOME (INCOME) (FSM)

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Nonrecurring payment. The following are examples of earned and unearned lump sum payments:

• retroactive earned income

• retroactive lump sum social security benefits

• retroactive lump sum railroad retirement benefits

• unemployment compensation lump sum payments

• insurance settlements

• lump sum retirement benefits

• windfalls (lotteries, inheritances, and other prizes)

Treatment: See Chapter 400 , Resources.