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W2alt

Reportable Income

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Filed: Citizen (pnd) Country: Thailand
Timeline

Hi All

I was a retired American in Thailand for the past 5 years. I have returned to the states and established residence here.

We have an NOA 1 received and my wife is with me in the US on a tourist Visa. She will return to Thailand in the near future.

Question:

I have collected SS payments and I have an IRA that I have removed funds from each year.

The SS payment and the withdrawals from the IRA do reach the minimum income requirement for each of the past three years

(125% of poverty level)....Though I have not worked,

I wonder what effect my "not working" will have in this process. I believe I have sufficient funds in the bank as well to help me qualify for the income requirement

Thanks

Kind Regards

Walt :thumbs:

.

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Filed: AOS (apr) Country: Philippines
Timeline

Hi All

I was a retired American in Thailand for the past 5 years. I have returned to the states and established residence here.

We have an NOA 1 received and my wife is with me in the US on a tourist Visa. She will return to Thailand in the near future.

Question:

I have collected SS payments and I have an IRA that I have removed funds from each year.

The SS payment and the withdrawals from the IRA do reach the minimum income requirement for each of the past three years

(125% of poverty level)....Though I have not worked,

I wonder what effect my "not working" will have in this process. I believe I have sufficient funds in the bank as well to help me qualify for the income requirement

Thanks

Kind Regards

Walt :thumbs:

.

Hello Walt.

Retired and not working is not the issue your asking. Meeting the Poverty Lines is the question.

Not working has no bearing if the requirements are met. So with said: Can you supply members with more details:

Does your SS Income meet the poverty guilds alone or does it need a "push" to deduct from the Individual retirement account to meet guildlines?

Balance of the IRA..? Is a penalty based for early withdrawal? If not, the IRA is a good hedge. Funds in the Bank.

If you could be more specific about these balances and monthly payments you Will get better answers.

TIM/MAV K1-JOURNEY
3/27/2007....We first met on myspace
1/30/10 ......My Honey proposed
8/15/10 ......He visit Philippines(2wks) & met my family
12/17/10 ....USCIS received the Filed I-129F for K1-visa
12/21/10 ....Received hard copy,NOA1
5/25/11.......Received RFE
6/09/11.......NOA2 approved
12/07/11.....Visa fee paid at BPI

6/11/13.......2nd visa fee payment
7/10-11/13.. Medical Exam completed@St.Lukes Clinic
1/15-16/14.. 2nd Medical exam updated
1/21/14...... k1 interview-Visa Approved
.....................................................................
8/29/14...... Submitted AOS application
10/03/14.....Biometrics
01/07/15.....Received my EAD card

01/31/15..... I got my SSN from the mail

04/20/15......AOS Interview - Approved :star:

4/24/15 .......Got the Driving Permit Card

4/30/15 .......Green Card Received :) (Exp.4/20/17)

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Filed: Citizen (pnd) Country: Thailand
Timeline

Thanks for the Info

Looks like I will be OK

Part of the income for qualification came from SS and the rest from my IRA

These combined incomes met the minimum income requirement for my spouse an me

Walt

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