A qualified distribution is a distribution that is made after a five-taxable-year period and meets at least one of the following conditions shown below;

1) Made on or after the date the owner attains age 591/2.

2) Made to a beneficiary or the estate of the owner on or after the date of the owner’s death.

3) Attributable to the owner’s being disabled.

4) Used under the first-time home purchase provision.

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