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What is a Roth IRA qualified distribution?

April 26, 2017distribution qualified roth ira

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What is a Roth IRA qualified distribution?

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A qualified distribution from your Roth IRA is not subject to federal income tax. A distribution from a Roth IRA is considered a qualified distribution if it was withdrawn after satisfying a five-year requirement provided that you are (i) age 59½ or older; (ii) disabled, (iii) qualified for a special purpose distribution such as the purchase of a first home, or (iv) become deceased.