Kosovo is a self-declared country in southeastern Europe. It was a province of Serbia until 2008, when the people of Kosovo declared their independence. Pristina is the capital of Kosovo. Formerly a province of Serbia, Kosovo is a self-declared independent country in the Balkans region of southeastern Europe. The vast majority of Kosovoâs people are ethnic Albanians, who are predominantly Muslim.
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.
You can make annual contributions to a Roth IRA, or you can convert a traditional IRA to a Roth IRA by paying tax on the converted funds. I'm not a proponent of paying tax now for a conversion and in hindsight, many people that did pay tax on conversions now find that their IRA has declined in value.ou need to advise the IRA custodian of your problem and decide what is best as far as applying the contribution to the 2010 tax year or withdrawing the funds. Any earnings on the Roth should be included in your 2009 income tax return.