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    Timothy Ford's Avatar
    Timothy Ford Posts: 1, Reputation: 1
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    #1

    Feb 16, 2010, 10:04 AM
    Will pulling money out of my 401k affect my social security disability
    Pulled $2600 out of my 401k, which netted me $2028 after witholdings for state and federal taxes. Will this affect my social security disability benefits? I have been working part-time since December 2009 earning $564 per month also. How much can I withdraw from my 401k without affecting my SSD benefits?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Feb 16, 2010, 11:14 AM

    Only earned income counts against your social securiity benefit, and withdrawals from an IRA or 401(k) are not considered to be "earned." So no - it will not affect your SSD benefit. Same thing with other possible sources of unearned income such as pensions, interest, dividends, capital gains, inheritances, etc.
    chris1947's Avatar
    chris1947 Posts: 1, Reputation: 1
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    #3

    Jul 24, 2012, 09:44 PM
    Will pulling money out of my 401k count against my social security retirement benfits
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #4

    Jul 25, 2012, 05:38 AM
    Quote Originally Posted by chris1947 View Post
    will pulling money out of my 401k count against my social security retirement benfits
    No.
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