He was booked at 2:50 AM and is about to be released at the time of this post. We're told during the time he was held jailers administered a medical screening.. Dallas and his ex-wife, Sarah Davidson, are both stars on the reality show, Private Lives of Nashville Wives..
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.
Ultimate guide to retirement. You can take money out of your Roth IRA anytime you want. However, you need to be careful how much you withdraw or you may get stuck with a penalty. In order to make qualified distributions in retirement, you must be at least 59Â½ years old, and at least five years must have passed since you first began contributing. You may withdraw your contributions to a Roth IRA penalty-free at any time for any reason, but you'll be penalized for withdrawing any investment earnings before age 59 Â½, unless it's for a qualifying reason. Money that was converted into a Roth IRA cannot be taken out penalty-free until at least five years after the conversion.