No. of Recommendations: 1
Nit #1: You don't pay additional taxes on conversions, but you may owe the 10% penalty.

If the 5 year clock for the conversion has been met (which was the premise described), then the withdrawal would not be subject to a 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Nit #2: Any non-taxable portion of a Roth IRA conversion can be withdrawn penalty free ... but any taxable portion that was also converted in that year has to be withdrawn first.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.

If you have an earlier taxable conversion, and you've already met the 5 year clock on the later conversion (as described by "after they have been in the account for 5 years"), then by definition, the time clock for the earlier year would also be satisfied.

You seem to be picking at non-nits.

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