- A rollover from a Roth 401(k) to a Roth IRA (code H in box 7 of the Form 1099-R) is reportable but nontaxable.
- With regard to the rollover, other Roth IRAs you might have are irrelevant.
- All of your Roth IRAs are treated as a single Roth IRA for tax purposes. There are no separate holding periods for your separate Roth IRAs. Your 5-year clock for qualified distributions applies to you, not to any of your Roth IRAs in particular, and began January 1 of the year for which you first made a Roth IRA contribution. If your first Roth IRA contribution was 10 years ago, you've met this requirement and only then have to reach age 59½ to meet the age requirement for qualified distributions.
January 12, 2023
5:24 PM
