Hi Click,
THanks for the quick reply. I understand that having a Roth IRA over five years, covers the five year requirement for all Roth IRAs, and being over 59 1/2 old, as far as the principal goes, meaning contribution and conversions. But, the other five years rulke is on earnings. The distribution from earning portion to be qualified, the account has to be over five years old. This is my understanding. Am I missing something here? Due to IRS' ordering rule, I thought it is cleaner if I have separate Roth accounts for each conversion. Then, it is clear where money is withdrawn from, easier to document. Is it a valid approach, or unnecessary one?
