MaryK4
Expert Alumni

Get your taxes done using TurboTax

The hardship withdrawal applies to employer retirement plans.  Are you  referring to the penalty for early withdrawal (10%)   

 

Generally, a qualified distribution is any payment or distribution from your Roth IRA that is made after the 5-year period beginning with the first tax year for which a contribution was made to a Roth IRA set up for your benefit.
 

 

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