Tip - Roth IRAs: Distributions | Investopedia

The tax treatment of a Roth IRA distributions depends on whether the distribution is qualified. Qualified distributions from Roth IRAs are tax and penalty free, but nonqualified distributions may be subjected to tax and an early distribution penalty. Qualified Distribution Defined For a distribution to be qualified, it must occur at least five years after the Roth IRA owner established and funded his/her first Roth IRA, and the distribution must occur under at least one of the following conditions: The Roth IRA holder is at least age 59.5 when the distribution occurs.
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