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Are there any pitfalls in rolling an IRA back to a 401k to “make room” for backdoor Roth IRA conversions?
Are there any pitfalls in rolling an IRA back to a 401k to "make room" for backdoor Roth IRA conversions? Here's our current situation:
My wife and I are income-ineligible for Roth IRA contributions We'd like to boost our Roth IRA holdings to give us a little more tax flexibility later in life My wife and I each have traditional IRAs that are a combination of 401k rollover and after tax, non-deductible cash contributions.
The value of each of our ...
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