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Help! Befuddled! Did I make a major mistake? Attempting to streamline & simplify my portfolio, I closed out a Roth MM held less than 5 years as it held only $39.72. When I started on my 2013 taxes, I realized that I may be penalized for closing the account as I've held it less than 5yrs. Not wanting to continue investing in more shares of the mutual fund, I must have opened a Roth MM to receive any payouts.

I know there is a big fine for taking Roth funds before the 5 years. I think it is 50%. Will the penalty be levied on just the $39.72 or on my entire Roth account?
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