I have one more question to confirm on this ROTH 5 year rule.
This morning I contacted my 457 plan Administrator (Nationwide Securities) They manage the State of California Calpers 457/401k retirement plans. I told them my plan for me (age 65), was to start converting my 457 money to a ROTH. The support person, told me that I would still have to wait 5 years before I can withdraw any of the ROTH Money I convert.
So I tried calling the IRS 800 number (to confirm this information), they actually picked up in 20 minutes. Then I was transferred to an IRA/ROTH specialist, they picked up within 15 minutes and then proceeded to transferred me to another Specialist, I was supposed to be on hold for another 15 to 20 minutes, and of course after waiting on hold for 25 more minutes, they hung up on me! I should have known. So I logged onto Turbotax and posted my original question. Thank you to all for helping me out. This reply was pretty fast and I highly appreciate your responses!
