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Hi RetireSoon!

Here is an excerpt from a Turbotax article regarding ROTH withdrawals for those over 59 1/2. The link to the full article is here: https://blog.turbotax.intuit.com/retirement/roth-ira-withdrawal-rules-and-penalties-53233/ 

Let me know if you have a specific question as well and I can help guide you.

Roth IRA withdrawal rules for those over the age of 59.5

If you’ve reached the age of 59.5, you’ve met half of the requirements to withdraw your Roth IRA earnings both tax- and penalty-free. The second half of the requirement is the Roth IRA Five-Year Rule.

• If you’ve had your Roth IRA for less than five years: Your earnings will be subject to taxes at your normal tax rate, but you won’t be subject to the 10% penalty. 
• If you’ve had your Roth IRA for more than five years: You can withdraw your Roth IRA earnings with no taxes and no penalties. 

Based on the above scenarios, the best time to withdraw from your Roth IRA account is when you’ve had your account for five years or more and have reached the age of 59.5. This will help you make the most of your contributions and earnings. 

The distributions that you take once you’ve reached both milestones (or a qualifying event) are known as qualified distributions. Otherwise, the distributions are considered non-qualifying distributions.