SwiftData: Migrate from un-versioned to versioned schema

I've realized that I need to use migration plans, but those required versioned schemas. I think I've updated mine, but I wanted to confirm if this was the proper procedure. To start, none of my models were versioned. I've since wrapped them in a VersionedSchema like this:

enum TagV1: VersionedSchema {
    static var versionIdentifier: Schema.Version = .init(1, 0, 0)
    static var models: [any PersistentModel.Type] {
        [Tag.self]
    }
    
    @Model
    final class Tag {
        var id = UUID()
        
        var name: String = ""
        
        // Relationships
        var transactions: [Transaction]? = nil
        
        init(name: String) {
            self.name = name
        }
    }
}

I also created a type alias to point to this.

typealias Tag = TagV1.Tag

This is what my container looks like in my app file.

var sharedModelContainer: ModelContainer = {
        let schema = Schema([
            Tag.self
        ])
        let modelConfiguration = ModelConfiguration(schema: schema, isStoredInMemoryOnly: false)

        do {
            return try ModelContainer(for: schema, configurations: [modelConfiguration])
        } catch {
            fatalError("Could not create ModelContainer: \(error)")
        }
    }()

The application builds and run successfully. Does this mean that my models are successfully versioned now? I'm trying to avoid an error I came across in earlier testing. That occurred because none of my models were versioned and I tried to setup a migration plan

Cannot use staged migration with an unknown coordinator model version.