VictorW9
Expert Alumni

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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