Suze School: Revisiting The Five Year Rule For Roth Retirement Accounts
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
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How to Convert Money From a Traditional IRA to a Roth IRA
When you convert money from a traditional IRA to a Roth IRA, every time you do so, you start a new holding period. So unlike a contributory Roth that once you establish it, that is the starting date from all the Roths you contribute to or you start with after tax money from that point on. Every time you convert from a traditional retirement account to a Roth retirement account,you start a new time clock. It has nothing to do with the Roths that you already have. And by the way, this includes a backdoor Roth IRA as well. That is a big deal.
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