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Any disadvantage to backdoor Roth IRA?
Any disadvantage to backdoor Roth IRA? I may or may not hit the income limit for Roth IRA contributions next year depending on how raises/bonuses shake out. I won’t know for sure until February. Starting a traditional ira to do the backdoor method seems like the better bet in case I do hit those numbers. Is there any disadvantage or potential problem with doing this if I don’t happe...
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