- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
NCperson's reply is correct.
LindaB1993's reply is a bit misleading in that it seems to imply that the 5-year holding period must be met prior to the death of the participant, but that is not true. The distribution from an inherited Roth IRA is a qualified, nontaxable distribution if the distribution is made more than 5 years after the beginning of the year for which the decedent first made a Roth IRA contribution, which is obviously the case here even if that first contribution was made in 2014.
ā€ˇFebruary 20, 2020
1:42 PM
1,293 Views