Thank you, Critter-3 for responding.
Dmertz has also been helpful in discussing this with me as noted in the link below.
Apologies for being repetitive.
I’m over 59.5 and retired. My 457(b) contributions (ex. $10,000} were held for 5 years in the custodian provided by my former employer.
After the 5 year period, the $10,000 was directly rolled over to a Roth Contributory account at a different brokerage firm. This firm is saying that if I take a distribution from that original $10,000, I will be given a 1099R coded as “T” in box 7.
My understanding says that the distribution of $10,000, from the new brokerage, has already met the 5 year holding period over at the custodian provided by my former employer.
In my example above, I am not taking a distribution from any earnings that may have been generated in the Roth Contributory account.
