Is this scenario correct

regarding a lump$-$sum

distribution from Social

Security?

Taxpayer's full retirement age

is $67.$ The Social Security

benefit amount is $$1,500$ per

month, and Taxpayer waited

until age $68$ to claim benefits.

The maximum lump$-$sum

distribution is $$18,000.$

Click 'Yes' or $\text{'}$No$\text{'}$ for each option until

complete.