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New Member
posted Mar 1, 2021 4:14:10 PM

What is difference between a qualified Roth Distribution and a nonqualified one?

What is considered a qualified distribution of a Roth IRA versus a nonqualified one?

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1 Replies
Level 1
Mar 1, 2021 4:31:42 PM

Qualified Roth IRA distributions must meet certain criteria, such as the account owner must be at least 59½ and the account at least five years old. Non-qualified Roth distributions are taxed as income and may be subject to the IRS premature withdrawal penalty.