Will any money I have in an IRA effect my application for SSDI? Should any such money first go toward any outstanding debt I ma

Asked about 2 years ago - Roanoke, VA

By debt I'm referring to:
- spousal support payments
- IRS tax debt
- court ordered credit card payments

Attorney answers (2)

  1. Gerald Gregory Lutkenhaus

    Contributor Level 18

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    Answered . Only SSI (welfare disability) is affected by assets. Social Security Disability is not affected by assets even Warren Buffett can file for Social Security Disavility.

    This response is meant to be information only and should not be considered to be legal advice. This information is... more
  2. Yolanda Navarrete

    Contributor Level 20

    1

    Lawyer agrees

    Answered . No, it should not affect it. You can call or visit social security office for a specific answer to your case.

    Please be advised my answers to questions does not constitute legal advise and you should not rely on it, due to... more

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