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Simple IRA and Social Secutiry
I am 69 yrs old, with a diagnosis of stage 4 melanoma. My wife died in 2021 of lymphoma. My income currently is only Social Security, i have not taken any disbursements from the IRA
Rumors around the senior center here say i should be able to draw some, if not all of an amount equal to or less than that i get from Social Security without penalty or taxation.
Is this true? Or do you recommend a more effective strategy?
‎June 26, 2024
10:44 AM