To make qualified distributions from a Roth IRA, you must be at least 59Â½ and it must be at least five years since you first began contributing. And if you converted a regular IRA to a Roth IRA, you can't take out the money penalty-free until at least five years after the conversion.
What is GAINFUL EMPLOYMENT? Condition of the employee receiving consistent work and payment from the employer. What a worker or college graduate seeks to provide consistent, continual income for self and family. Used in ranking colleges or universities as an attribute of the training and education received.
Tangible Employment Action. An actual change that has an actual adverse effect on the job or working conditions, such as a firing, demotion, or suspension. When an employee claims to have been discriminated against or harassed by a supervisor, a tangible employment action supports the employee's case (and may be required to be proved). more.