If I understand both your reply as well as NCperson's reply correctly, then there appears to be a difference in opinion. NCperson seems to suggest that, because I waited up until the fifth year to make my withdrawal, then that certain 5-year rule, which concerns the length of time an account has existed, has been satisfied, and my withdrawal is tax-free.
And your're saying that the account must have already been open for five years at the time of account owner's death. So if the account was opened in 2011, and the owner died in 2014, and I waited until 2019 to withdraw my entire inherited portion, then my withdrawal is taxable?
Just want to make sure I understand correctly before I start investigating when the original account was opened. Thanks!
