Have a Roth IRA, I need to withdrawal the money. Am I penalized on the entire withdrawal? just the interest?

Contributions to a Roth IRA have already been taxed and can be withdrawn at any time with no penalty. So if you close out the account, you would only have tax/penalty on the $30 gain. See IRS Publication 590, especially the first paragraph of a href="http://www.irs.gov/publications/p590/ch02.html#en_US_publink10006523" rel="nofollow"http://www.irs.gov/publications/p590/ch0…/a