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  1. #1
    Join Date
    Mar 2019
    Location
    77571
    Posts
    1

    Post IRA Disbursement While Receiving Tib

    Will an IRA withdrawal reduce my TIB or any W/C benefits?

  2. #2
    Join Date
    Oct 1971
    Posts
    4,991

    Default Re: IRA Disbursement While Receiving Tib

    Quote Quoting mikelb View Post
    Will an IRA withdrawal reduce my TIB or any W/C benefits?
    I see no reason why, it's tax free correct?
    Better check with an accountant to be sure.

    Tony
    Moderator Responses are based on my personal bias, experience and research - They do not represent the views of the admin nor may be accepted in the legal community, always consult an attorney.

  3. #3
    Join Date
    Mar 2009
    Location
    Dallas, TX
    Posts
    89

    Default Re: IRA Disbursement While Receiving Tib

    It should not reduce your benefits. If you earned money, that would reduce your benefits, but withdrawing money from an account you own is not earning wages.

    Matt Lewis
    Board Certified in Texas Workers' Compensation Law, TBLS
    www.mattlewislaw.com

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