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Subject:  Re: Retirement and Withdrawals Date:  9/20/2019  4:21 PM
Author:  joelcorley Number:  95232 of 96146


You wrote, ... Roth conversions can be withdrawn after they have been in the account for 5 years without paying taxes or penalties. ...

Nit #1: You don't pay additional taxes on conversions, but you may owe the 10% penalty.

Nit #2: Any non-taxable portion of a Roth IRA conversion can be withdrawn penalty free ... but any taxable portion that was also converted in that year has to be withdrawn first. Also since you have to withdraw conversions in order of the contribution year, if you have an earlier taxable conversion already in your Roth IRA you will have to wait for that 5 year clock or pay the penalty.

- Joel
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