SSIS Text was truncated with status value 4

One possible reason for this error is that your delimiter character (comma, semi-colon, pipe, whatever) actually appears in the data in one column. This can give very misleading error messages, often with the name of a totally different column.

One way to check this is to redirect the 'bad' rows to a separate file and then inspect them manually. Here's a brief explanation of how to do that:

http://redmondmag.com/articles/2010/04/12/log-error-rows-ssis.aspx

If that is indeed your problem, then the best solution is to fix the files at the source to quote the data values and/or use a different delimeter that isn't in the data.

I've had this issue before, it is likely that the default column size for the file is incorrect. It will put a default size of 50 characters but the data you are working with is larger. In the advanced settings for your data file, adjust the column size from 50 to the table's column size.