TopHot
I’m over the roth IRA income limit and already contributed $7k for 2024, how do I back door roth?
I'm over the roth IRA income limit and already contributed $7k for 2024, how do I back door roth? Recently, my (non roth) investment have pushed me over the income limit for Roth IRA, and I already contribute $7k for 2024. assume My investment don't plummet for the rest of the year, What's my best course of action to minimize tax? I'm thinking withdraw $7k from Roth IRA. Then contribute $7k to trad IRA and do back door roth conversion. does ...
Category:
