Turbotax is asking if my Roth IRA was open as of December 31, 2023. What does it mean to be "open?" Thank you.

[JulieS · Accepted solution]

Yes, in this context open means that the account exists and has money in it. 

You will most likely answer that Yes, unless you distributed the account and closed it before  December 31, 2023.

[robtm]

O.PEN means if it was created before Dec 31, 2023 or earlier