I have seen a couple conflicting answers to this.
Assume
I am 60.
I convert part of a regular 401k to a Roth IRA.
I have other Roth IRAs from many years ago.
Can I access the rolled over amount almost immediately? How about any earnings?
Or do I have to wait 5 years for one both ( and if I don’t wait, what happens? Tax? Penalty?).
I have read and seen many conflicting answers on this, so hope to be pointed to the IRS doc that confirms
