• The five-year rule applies to withdrawals from Individual Retirement Accounts (IRAs).

  • Roth retirement accounts are subject to one set of 5-year rules that define a waiting period before income or converted funds can be withdrawn from the account.
  • To withdraw income from a Roth IRA without paying taxes or penalties, you must be at least 59.5 years old and have had an account for at least five tax years.