What Are Qualified Distributions?

A qualified distribution is any payment or distribution from your Roth IRA that meets the following requirements.

  1. It is made after the 5-year period beginning with the first tax year for which a contribution was made to a Roth IRA set up for your benefit.

  2. The payment or distribution is:

    1. Made on or after the date you reach age 59½,

    2. Made because you are disabled,

    3. Made to a beneficiary or to your estate after your death, or

    4. One that meets the requirements listed under First home (up to a $10,000 lifetime limit).

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