(Twitter) Naomi Watts with her ex-partner Liev Schreiber. Has Naomi Watts found her true love this time around? The 48-year-old English actress has reportedly moved on from Liev Schreiber and is now dating Liam Neeson. Nearly five months after Watts and Schreiber announced their separation, the former is reportedly back in the dating game.
Qualified distributions from your Roth IRA are the typical withdrawals that we consider with the popular retirement accounts. When you withdrawal money after reaching the age of 59 Â½ years-old, that is a qualified distribution. It is fully qualified in the IRSâs eyes to be withdrawn tax-free.
If you receive a non-qualified distribution of earnings from an IRA and donât meet any of the tests described above, you must pay two taxes: the regular income tax plus an additional 10% early withdrawal penalty tax. Example: You contributed $2,000 to a Roth IRA. Two year later, when you are over age 59Â½, you withdraw the $2,000 plus $400 earnings. You pay no tax or penalty on the first $2,000, which represents your contribution to the Roth IRA. You must pay tax on the remaining $400 because you didnât satisfy the five-year test.