Roth IRA Earnings before 5 years
An investor completed a conversion (TIRA to Roth) in year #1.
In year #4, he withdraws the original conversion amount but leaves the earnings in the account.
If he waits past the 5 year mark (and is over 59 1/2), what is the tax implications on the earnings in the account?
Permalink Submitted by Alan - IRA critic on Fri, 2018-02-09 23:34
Starting in year 6 and over 59.5 the Roth is qualified, and the entire balance can be distributed tax free.