koecpa, (ignoring any financial-institution imposed early-withdrawal penalties if the investments in your Roth IRAs are CDs) yes, you can take $200,000 out of your Roth IRAs tax and penalty free. There is never an early-distribution penalty at age 72 and you've already paid income taxes on this $200,000. If the Roth conversion in 2019 established your first Roth IRA, it will be 2024 before you can take out any earnings that occurred in your Roth IRAs without having to pay taxes on the earnings. Earnings come out after all of the converted amounts.
