To personalize your very helpful response about withdrawals from Roth conversions, I am over 72 and in 2019 and 2020, I converted $100,000/year from a traditional IRA to a Roth and paid tax each year on each $100,000 conversion distribution.
Is it correct to say my tax basis in the converted Roth is now $200,000 and in 2021, I can withdraw up to $200,000 without penalty or tax? Thanks so much.
