In regards to RGB I noticed your cpu cooler is the stock amd cooler. The stock cooler can definitely run a 5600 but if you want to add rgb something like a thermaltake peerless assassin can add that while also making your system cooler and quieter. Just depends how much its worth to you.
You will most likely not need to update your bios. If you do then your new computer will not start up until you have fixed the bios so you will need another computer to download it and throw it on a usb stick