Are there qualifications for Roth IRA withdrawals? Yes, to qualify for tax-free withdrawals of earnings, the funds must have been in your Roth IRA for at least five years. In addition, you must meet at least one of the following criteria: You intend to use these funds for a first-time home-buying expense for you, your spouse, your children or grandchildren, up to a lifetime limit of $10,000. You've reached age 59½. You are permanently disabled (under the IRS definition). Your beneficiary may withdraw funds after your death.
