Not eligible for 2024 Roth IRA Contributions due to increase in income, but I already made contributions. Want to do backdoor.
Not eligible for 2024 Roth IRA Contributions due to increase in income, but I already made contributions. Want to do backdoor. I had a job change and an increase in income that will make me ineligible for direct Roth IRA contributions in 2024. I have already contributed a couple thousand to my Vanguard Roth IRA in 2024, into three different Vanguard mutual index funds. I would like to take advantage of the backdoor Roth IRA this year (will be my first time doing so). I ...