Will Taking 401K Distributions Affect My Social Security Benefit?
Dear Rusty: I’m 63 and retired from work, but not drawing Social Security. I have accumulated just over $300,000 in my rollover 401K IRA. My wife is still working full time, so we have medical, dental and vision coverage. I have a few questions:
1) When I take IRA distributions throughout the year, do those dollar amounts get reported to Social Security as income?
2) If not, will my SS benefit chang…