The Five Year Rule for Qualified Distribution

First roth i ara needs have been funded at least five years ago, starting january first of the year you first got money into your first rothi ray. You need to meet that condition in order for distribution to be qualified. Take out up to ten grand in your lifetime to build acchoir or rebuild your first home,. That can qualify for one of these qualified distribution rules. And fourth, if you're totally disabled; it is specifically, you are unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death Or to be of long continued and indefinite duration.