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You won't qualify for Medicaid or QMB or any of the other Medicare Premium Savings Plans due to your IRA. The QMB asset limitations are quite low, less than $10,000. ($7,280. in 2016 for a Single individual) Medicaid limits are substantially less than that, depending upon your state as low as $2,000. +-
If you limit your IRA withdrawal to $10,000., based upon the limited information provided, your federal income tax would be zero -0-, as your Social Security benefits would not be taxable at that income level.
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I see that you have had a chance to review my response & I'm sorry if the answer you received was not what you expected. However, I researched your question to confirm my understanding of the rules & unfortunately what counts for qualification for Medicaid or QMB is not the same as what is taxed or taxable for income tax purposes.
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