Comments on: How much can I withdraw from my IRAS without effecting my Social Security? http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/ IRA Questions and Answers Thu, 20 Oct 2011 14:36:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: ssadviceonline http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/comment-page-1/#comment-448 ssadviceonline Fri, 22 Jan 2010 00:22:33 +0000 http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/#comment-448 Social Security does not count money from an IRA for annual earnings test purposes. However, when you reach age 65 your Medicare premium will be determined by your annual income and IRA withdrawals will count. Social Security does not count money from an IRA for annual earnings test purposes. However, when you reach age 65 your Medicare premium will be determined by your annual income and IRA withdrawals will count.

]]> By: prescientone http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/comment-page-1/#comment-447 prescientone Thu, 21 Jan 2010 23:43:39 +0000 http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/#comment-447 Withdrawals from your IRA will not affect your Social Security benefits. Only earned income, such as wages...will affect your Social Security benefits Withdrawals from your IRA will not affect your Social Security benefits. Only earned income, such as wages…will affect your Social Security benefits

]]> By: acmeraven http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/comment-page-1/#comment-446 acmeraven Thu, 21 Jan 2010 23:11:21 +0000 http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/#comment-446 I will provide you with two answers as i am not sure if you mean tax on SS or what. Since IRA withdrawals are not earned income there is no limit to what you take out; it will not affect your SS or cause it to be cut. Second part; if all other income plus your SS go through the trigger points then up to 85% of your SS will go backk into your income for taxes. Single is 25K and married, filing joint is 32K. Hope this answers your question? I will provide you with two answers as i am not sure if you mean tax on SS or what. Since IRA withdrawals are not earned income there is no limit to what you take out; it will not affect your SS or cause it to be cut. Second part; if all other income plus your SS go through the trigger points then up to 85% of your SS will go backk into your income for taxes. Single is 25K and married, filing joint is 32K. Hope this answers your question?

]]> By: taxreff http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/comment-page-1/#comment-445 taxreff Thu, 21 Jan 2010 23:02:40 +0000 http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/#comment-445 Wartz is correct, as only earned income affects the amount of your social security check. While your IRA income will not reduce your social security amount, it may cause (along with any other income you may have) part of your social security to be subject to income tax. Wartz is correct, as only earned income affects the amount of your social security check.

While your IRA income will not reduce your social security amount, it may cause (along with any other income you may have) part of your social security to be subject to income tax.

]]> By: wartz http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/comment-page-1/#comment-444 wartz Thu, 21 Jan 2010 22:25:54 +0000 http://www.iraroth.net/2010/01/how-much-can-i-withdraw-from-my-iras-without-effecting-my-social-security/#comment-444 As much as you want. IRA distributions are not earned income. As much as you want. IRA distributions are not earned income.

]]>