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How does a distribution from a Roth IRA affect Social Security? Does taking money out of a Roth IRA affect Social Security benefits?
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Taking a distribution from a Roth IRA does not directly affect Social Security benefits. Roth IRA distributions are not counted as income for the purpose of calculating Social Security benefits. Social Security benefits are based on your lifetime earnings, and distributions from a Roth IRA are not considered earned income. However, if you have other sources of income in addition to your Roth IRA distributions, such as traditional IRA distributions, pensions, or employment income, those sources of income could potentially impact the taxation of your Social Security benefits. It's important to consult with a financial advisor or tax professional to understand the specific implications for your individual situation.
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