How to Become a Sports Medicine Doctor in 5 Steps. Explore the career requirements for sports medicine doctors. Get the facts about education, licensure requirements and training to determine if this is the right career for you.
In order to withdraw your earnings from a Roth IRA tax and penalty free, not only must you be over 59Â½ years-old, but your initial contributions must also have been made to your Roth IRA five years before the date when you start withdrawing funds.
Five-Year Rule on Conversions. If you convert money from another account to a Roth IRA before age 59 1/2, you must wait five years from the date of the conversion to withdraw the converted monies penalty free. If you turn 59 1/2 before five years have passed, you are eligible to take a distribution tax and penalty-free.