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I believe that the 5 year clock is per conversion. It has nothing to do with how old the IRA or 401K is.
Money converted in 2018 is eligible for Tax Free withdrawal in 2023.
Each conversion has it's own clock.

Overall the Roth IRA has a 5 year clock based on the 1st contribution. So a Roth IRA opened before 2013 are eligible for tax free withdrawals. The amount converted would need to wait 5 years from the conversion.


https://www.bankrate.com/investing/ira/roth-ira-5-year-rule-...

Mike
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