To make qualified distributions from a Roth IRA, you must be at least 59Â½ and it must be at least five years since you first began contributing. And if you converted a regular IRA to a Roth IRA, you can't take out the money penalty-free until at least five years after the conversion.
What is GAINFUL EMPLOYMENT? Condition of the employee receiving consistent work and payment from the employer. What a worker or college graduate seeks to provide consistent, continual income for self and family. Used in ranking colleges or universities as an attribute of the training and education received.
By Aaron Mansfield, Attorney. Parmele Law Firm, P.A. In evaluating whether you are disabled, Social Security first looks to whether you are engaging in Substantial Gainful Activity (SGA). As a Social Security disability attorney in Salina, KS I tell my clients that generally, the regulations define SGA as work that is both substantial and gainful.