When f(x), L, x, and a are real numbers, the distance between two numbers is the absolute value of the difference of the two. Thus, when we say f(x) is close to L we mean | f ( x ) â L | {\displaystyle |f(x)-L|} is small. When we say that x and a are close, we mean that | x â a | {\displaystyle |x-a|} is small.
A qualified distribution from a Roth IRA is tax-free and penalty-free, provided that the five-year aging requirement has been satisfied and one of the following conditions is met: 1  Over age 59Â½. 2  Death or disability.3  Qualified first-time home purchase. qualified distribution from a Roth IRA is tax-free and penalty-free, provided that the five-year aging requirement has been satisfied and one of the following conditions is met: 1  Over age 59Â½. 2  Death or disability.
Roth IRA Withdrawal Rules. With a Roth IRA, contributions are not tax-deductible, but earnings can grow tax-free. Roth IRA withdrawal and penalty rules vary depending on your age.ge 59Â½ to 70. Withdrawals from a Roth IRA you've had less than five years. If you havenât met the five-year holding requirement, your earnings will be subject to taxes but not penalties. Withdrawals from a Roth IRA you've had more than five years.