Being aged 52 isn't a qualification that allows a Roth to be tax free distribution. You can file an exception for the penalty. See the screen shot below.
You can always withdraw contributions (but not earnings) that
you made to your
Roth IRA tax and penalty free at anytime. Additionally,
the Ordering rules for withdrawals from a Roth IRA are: first from regular
contributions, then from Conversion and rollover contributions, on a first-in,
first-out basis and finally from Earnings on contributions.
Please
note: A qualified distribution from
a Roth IRA is tax-free and penalty-free, provided that the five-year aging
requirement has been satisfied and one of the following conditions is met:
- Over age
59½
- Death or
disability
- Qualified
first-time home purchase
A non-qualified distribution is subject to taxation of earnings and a 10%
additional tax unless an exception applies. For Roth IRAs, you can always remove
post-tax penalty contributions (also known as "basis") from your Roth
IRA without penalty.
