MN2V Posted September 1, 2009 Report Share Posted September 1, 2009 My tax brain is still on vacation so I would like some help. One of my clients is considering a Roth IRA withdrawal. He is over 59 1/2. I forgot to ask if he has held the Roth IRA for over 5 years. Am I correct that he can take contributions tax free but earnings will be taxable if held less than 5 years? If he has held the Roth IRA for over 5 years and both contributions and earnings are not taxable, does this affect his income in figuring his taxable Social Security? Thanks. Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted September 1, 2009 Report Share Posted September 1, 2009 You are correct on the taxability of the distributions. Roth distributions that are not taxable should not affect his SS tax status. Quote Link to comment Share on other sites More sharing options...
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