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Back door Roth: explain it like I’m five
Back door Roth: explain it like I’m five I’ve read about this topic, but am embarrassingly not quite grasping what happens after the switch. I understand that the process is to open a traditional IRA first and make a non-tax advantaged contribution (I’ve done this step). So you then convert this to a Roth IRA. Will any subsequent contributions and investments I make after that time be ...
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