Qualified Roth IRA Distribution

A distribution from a Roth IRA that occurs at least five years after the first contribution or conversion is made to the Roth IRA and upon satisfying a qualifying event—attainment of age 59 ½, disability, death, or qualified first-time home purchase. Qualified distributions are tax-free. The five-year period begins on January 1 of the first year in which the first contribution is made.