Does being over 59.5 years old and 5+ year old Roth mean ALL withdrawals are tax/penalty free?

[RonandDeb]

I should have been and plan to convert 401k regular funds to Roth to get me to the end of married 12% tax bracket (I missed out $27k for 2025). I have the cash to pay 12% tax upfront, no problem.  These conversion set up 5 year conversion clocks.

Because I am old, none of the conversion clocks matter and the original open/fund clock has well expired.  So I am good to go put pull out all of the Roth if I want at any time (I don't want). This is fully correct; no matter what else, right?

I am currently working, wife is not.  If I over convert a little into 22% bracket. My wife could put up to 8k into her individual IRA for previous year.  There is $800 bucks there because a few years ago, we went that much into the 22% bracket from my job, this (per tax software) got me back into 12%. 

[dmertz · Accepted solution]

Your understanding is correct.