TopHot
Impact of transferring 401K to traditional IRA on Backdoor Roth IRA
Impact of transferring 401K to traditional IRA on Backdoor Roth IRA Some articles suggest transferring 401K to TIRA after leaving a company (say, https://www.investopedia.com/articles/personal-finance/071715/8-reasons-roll-over-your-401k-ira.asp) I was wondering the tax implication of doing so if I still want to do backdoor roth IRA contribution (~$7000 this year). The IRS' pro-rata rule requires you to include ...
Category:
