agree with you about the no penalties part as long as you leave the money (incl. gains) in the account. I am just not sure about the resetting of the clock. Need to ask my bank guy about it. As long as you leave the money in the account then the clock doesn't need to be reset. But if you sell for a big gain (remember a trade is a taxable event !) and draw the money before the 5 years, not only there will be a penalty but the clock may also need to be reset. IOW you start anew IMO.
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