Roth Five-Year Rule

Submitted by William Bellotti on Sun, 2020-06-21 03:35

At age 65, I opened a Roth IRA with contributed funds in tax-year 2015.

Then, in tax-years 2016, 2017, 2018 and 2019, I converted funds from my traditional IRA and placed them into the Roth IRA I opened in 2015.

Are all the converted funds subject to the Roth five-year rule?



Submitted by David Mertz on Sun, 2020-06-21 13:16

  • Once you reach age 59½, the 5-year rule for conversions no longer applies.
  • Because the beginning of the year for which you made your first Roth IRA contribution was more than 5 years ago, you have also met the separate 5-year rule for distributions from your Roth IRAs to be qualified distributions.  Any distribution you now make from your Roth IRAs is tax and penalty free.


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