Origin of the name Kenneth: Of Scottish origin, Kenneth is the Anglicized form of the Gaelic Cinaed and Cionaed (born of fire), and Coinneach and Caoineach (comely, handsome). Short: Ken. Pet: Kenny.
An IRA disbursement must always be reported as income on your tax return, but it won't always be taxable. The taxability depends on whether your taking disbursements from a Roth or traditional IRA and whether you're taking qualified or nonqualified distributions.
As of 2010, income limits for converting a Traditional IRA to a Roth IRA have been eliminated. You must pay taxes on the amount being converted into a Roth IRA. A Roth IRA conversion can have other important tax consequences and should be made with the help of a qualified financial advisor.