SSD and SSI
Not sure if you can help
Client is receiving SSD. at age 58.
Can she receive income from an IRA that she will get in a divorce?
Thank you
Douglas
if she takes a $1000 per month from the SSD, would that be okay or is their a maximum on the SSD?
Permalink Submitted by Alan - IRA critic on Wed, 2017-11-01 16:44
If she takes IRA distributions, the amounts in excess of $20 per month will count toward her SSI maximum income, but will not affect SSD. Therefore, the IRA distributions will have to be quite small to avoid reducing the SSI amount.