Thank you VERY MUCH for the quick turnaround...
For 5-year rule, is there a different rule to start the 5-yer clock if the conversions are not the very first funding event to Roth? In the same Roth account, I also have regular after-tax contributions made years ago though. When you say "very first funding event", does that include regular after-tax contributions made years ago? Or, you were referring to first Roth conversion only?
Second condition to be met: If it is
Distribution made to a beneficiary after your death,
does that mean the earnings distribution to my beneficiaries can start from 1/1/2025 for my scenario mentioned?
An additional question about the principle $110 at the conversion. The withdraw is tax free and penalty free for the principle $110 when either the same age rule or 5-year rule is met. Correct?
Thanks again!!
