Ticket To Work Program

don1956 · 05-30-2012, 01:01 PM

Quote:

Originally Posted by Sparky10

This is a concern of my own. SS Disability is programmed to always be about 2 years behind on the cost of living. It just isn't enough to live comfortably and will only get worse.

I could work very part time at certain jobs, but I'm hesitant to give SS the impression I can work more than what appears. I'm in a position now where I don't get reviewed by SS, and wouldn't want to change that.

yeah i kind of agree with you "sparky".i am not willing to chance my "ssdi".and its all i get.i dont get and pension cause im only 56.now try and live compfortably on that

...i cant even touch my "401"either

if they think you can work "some"...they may want to try and push it all the way

Mz Migraine · 05-30-2012, 01:15 PM

Quote:

Originally Posted by don1956

i cant even touch my "401"either

The IRS dictates that investors must be totally and permanently disabled before they can dip into their retirement plans without paying a 10 percent penalty.

The easiest way to prove disability to the IRS is by collecting disability payments from an insurance company or from Social Security.

"That is excellent proof that you are disabled, if you're getting benefits from the government and from a private insurance carrier," he says.

Read more: How to take penalty-free withdrawals from an IRA or 401k http://www.bankrate.com/finance/reti...#ixzz1wNUg0Loc

don1956 · 05-30-2012, 09:27 PM

Quote:

Originally Posted by Mz Migraine

The IRS dictates that investors must be totally and permanently disabled before they can dip into their retirement plans without paying a 10 percent penalty.

The easiest way to prove disability to the IRS is by collecting disability payments from an insurance company or from Social Security.

"That is excellent proof that you are disabled, if you're getting benefits from the government and from a private insurance carrier," he says.

Read more: How to take penalty-free withdrawals from an IRA or 401k http://www.bankrate.com/finance/reti...#ixzz1wNUg0Loc

thanks "mzMigraine" got enough info on both

Mz Migraine · 05-31-2012, 12:26 PM

Quote:

Originally Posted by don1956

thanks "mzMigraine" got enough info on both

You're most welcome!

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