I’m 45 and have $900k of $1.1M in a traditional 401K. I understand if I terminate service before 55, I can roll over my 401k to a Traditional IRA and then start my 401k conversion ladder, is that correct? And is it correct that I will only have to pay income tax on the conversion amount at the time of the conversion? Then I won’t have to pay any more taxes on the conversion amount when I access it in 5 years, correct? Is it correct that I can convert my whole 401K (rolled to a Traditional IRA) balance to a Roth IRA regardless of how much earnings I made in the 401k? Are there any other suggestions for accessing my retirement funds early without penalty besides this and the 72t? Any reason I should consider the 72t over the Roth IRA conversion ladder?