Retirement tax questions

See IRS Pub 590B Fig 2-1 page 30 for ordering rules.

 

Also page 28 for qualified distributions and *early distributions* and note that the 5 year conversions rules is under "Additional tax on early distributions" that can only occur of under age 59 1.2.

https://www.irs.gov/pub/irs-pdf/p590b.pdf

 

Yes - It has been 5 years since you set up ANY Roth IRA.

Yes - You are over age 59 1/2.

Therefore -  It is a qualified distribution  not subject to tax or penalty.

 

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**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**