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Every Roth conversion starts its own 5-year clock. Retirees who tap too early pay a penalty on tax-free money.
Roth conversions are running at record volume in 2026, with most of the activity coming from people in their 50s and early 60s who are trying to shrink future required minimum distributions.
Opening a Roth IRA at 64 with a $100,000 conversion still leaves earnings taxable for years because the five-year qualification clock starts late. A qualified Roth distribution requires both age 59½ ...
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