Does 401K Withdrawal Affect Social Security Benefits? 
Social Security is affected by income you receive during retirement . There are ways to maximize your retirement income looking at when to draw on your Social Security versus using your 401 -LRB- k -RRB- . What really comes into question is how is the taxation of your retirement funds going to cut into your potential income . Working with a professional who has specific knowledge in the Social Security Income system is a must . First I would recommend going to the Social Security website , set up a free account for yourself , and see what your estimated benefit is going to be . From there you can plan the best way to start using your retirement monies , keeping the tax liability to a minimum and to maximize the potential income you have available . 