shelliemacs Posted May 16, 2003 Share Posted May 16, 2003 My mom is 62 an before she was dx. in feb she had applied for early retirement. She was told she could earn up to 11,500 year without effectint her SS benefits. My question is this...she wants to take out her 401 K to pay off her credit card bills in case her condition worsens and the check she gets from that will be over the 11,500 alloted by SS. Her 401K will be having federal taxes held out of it but how does withdrawl of her 401 K effect her SS. What fines or penalties will she be facing? does anyone know?? Quote Link to comment Share on other sites More sharing options...
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