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Episode 158: Will I Pay Tax on my Roth IRA due to the 5 Year Rule?

Apr 11, 2022

Nate sheds light on the confusion surrounding the IRS’s Roth IRA 5-year rule.

 

Click here to view today’s source material from Investopedia.

Here are just a handful of the things that we'll discuss:

Three types of Roth accounts this affects:

  1. Contributions
  2. Conversions
  3. Inherited

 

IRS pecking order of withdrawals

  1. Contributions first
  2. Conversion second
  3. Growth or earnings third

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