I think the intent of the question was more so related to this:
if you contribute on 4/1 and you are over 59 (but not yet 59 1/2) on that date, you need to wait until you are 59.5 to withdraw otherwise you are going to be hit with a 10% penalty.
Also, if you have not participated in the IRA for at least 2 years, the penalty to withdraw is 25%
