I’ve been retired for more than 10 years. I would like to convert one of my IRAs to a Roth IRA and have two questions:

1. Do I have to have my new Roth in force for 5 years before I can take out money?

2. Can I put all of the converted IRA funds into the new Roth IRA and pay any taxes due on the conversion out of non-IRA funds?

Thanks,

John