Video Tips: Roth IRA 5-Year Rule - What Is It?

The 5-year qualifying period for Roth IRAs is a crucial component in determining the tax implications on distributions. As tax preparers, having a clear grasp of this timeline helps in providing accurate guidance to clients regarding tax-free withdrawals of earnings. Understanding that this period is not always a full 60 months is essential for effective tax planning.

Share this article...

Gaithersburg Office

Looking for tax help in Gaithersburg, Maryland? You can find us at:

9841 Washingtonian Blvd. Suite 200
Gaithersburg, Maryland 20878

Silver Spring Office

Looking for tax help in Silver Spring, Maryland? You can find us at:

12069 Tech Road
Silver Spring, MD 20904
Tax Question How can I help you with a tax situation?
How can I help you with a tax situation?
Please fill out the form and our team will get back to you shortly The form was sent successfully