A participant who is at least age 59 1/2 can make a tax-free qualified withdrawal from a Roth IRA after a five-year holding period.

Name: A participant who is at least age 59 1/2 can make a tax-free qualified withdrawal from a Roth IRA after a five-year holding period.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

This statement is true. To qualify for tax-free withdrawals from a Roth IRA, the account holder must be at least 59 1/2 years old and have held the account for at least five years.

A Participant Who Is at Least Age 59 1/2 Can