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URL:  http://boards.fool.com/as-i-understand-the-rule-is-actually-5-years-or-12539625.aspx

Subject:  Re: Roth IRA: 5 year cutoff Date:  5/9/2000  11:34 AM
Author:  mdorsey Number:  21858 of 75335

As I understand the rule is actually 5 years or age 59 1/2 which ever is "longer" for penalties on withdrawals of earnings. So if your 5 year period begins at age 52 you must wait till age 59 1/2 to avoid penalty.
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