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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 15318
Experience:  15years with H & R Block. Divisional leader, Instructor
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I am a 50 year old legally blind person on Social Security

Customer Question

I am a 50 year old legally blind person on Social Security Disability with a allowed pt job making $20,000.00. I want to move a 401k into a IRA. Part of this 401k is a Roth (taxes already paid) $56,000.00. While I roll the nontaxable 401k and the Roth, I am told since I am disabled, I can withdraw some of the money with a 20% tax reduction. If I withdraw $5,000.00 -10,000.00 will this affect my SS disability?
Submitted: 11 months ago.
Category: Tax
Expert:  Robin D. replied 11 months ago.

Hello

SSA does not count pensions as income.

According to the SSA page found here https://www.ssa.gov/planners/disability/dwork2.html

Two things can cause us to decide that you are no longer disabled and to stop your benefits.

  • Your disability benefits will stop if you work at a level we consider "substantial."

    In 2016, average earnings of $1,130 or more per month ($1,820 or more per month if you are blind) are usually considered substantial.