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FINRA Series 7

Category - Series 7

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A withdrawal from a Roth IRA may be a qualified distribution if the Roth IRA has been open for at least:

90 days
one year
2 years
5 years

Explanation

Answer: D - five years. The five-year holding period begins on the first day of the year for which contributions were made.

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FINRA Series 7

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FINRA Series 7

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