I've got a question regarding transfer of a Roth IRA. I had a Roth IRA closed yesterday so I can transfer the assest to another financial institution. I understand that I will not be assessed any penalties as long as I re-establish a Roth IRA within 60 days. Once I do this, for what year to I place the Roth IRA assest too? 2006? 2005? I'm a little confused about that... any help is greatly appreciated in advance.

IG