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Retirement tax questions
For it not be included in your taxes, it has to be a qualified distribution. To be a qualified distribution it has comply with the following:
As long as the distribution is made:
1) After the 5-year period beginning with the first taxable year for which a contribution was made to a Roth IRA set up for your benefit.
2) The distribution is :
a) Made on or after the date you reached age 591/2
b)Made because you are disabled
c)Made to a beneficiary or to your estate after your death.
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‎February 25, 2020
12:57 PM