Quote:
Originally Posted by Pballer
I believe this needs to be corrected. You can withdraw the original principal from the Roth conversion at any time without penalty. It is the earnings on the original converted principal that are subject to the 5 year rule.
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The original looks correct to me. If you contribute wages to a Roth then those can be withdrawn any time. If you convert an IRA to a Roth then the waiting period applies. And, as stated, it appears that each conversion starts its own waiting period.
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