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Video Tips: Roth IRA 5-Year Rule - What Is It?

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Video Tips: Roth IRA 5-Year Rule - What Is It?
The 5-year qualifying period for Roth IRAs is a crucial component in determining the tax implications on distributions. As tax preparers, having a clear grasp of this timeline helps in providing accurate guidance to clients regarding tax-free withdrawals of earnings. Understanding that this period is not always a full 60 months is essential for effective tax planning.



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