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.
Roth IRAs do not have any age limits or a Required Minimum Distribution. You can open a new Roth IRA at age 85 if you want, and start saving for your âretirement.â However, Roth IRAs have a very major restriction: you canât contribute any money to a Roth IRA if your Adjusted Gross Income is above a certain amount.