I'm 59 years old with a 401(k) and want to convert $900k to aRoth but I have to wait 5 years to use the money

My RMDs start soon So I Want to Convert $900k to a Roth, but I'm Getting Conflicting Info About Having to Wait 5 Years to Use the Money. People with Roth IRAs generally have to wait five years before withdrawing earnings from their account.

Converting a 401(k) into a Roth IRA can be appealing for several reasons. Roth accounts are exempt from required minimum distributions (RMDs) Roth accounts can give you more flexibility when withdrawing from your account in retirement and potentially save you money on taxes. If you're 59, you can make qualified withdrawals from Roth accounts tax-free.

Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs? A Roth IRA has a couple of significant advantages: They allow your retirement savings to grow tax-free. Roth IRAs have their disadvantages: They have no required minimum distributions (RMDs)