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Help me understand a backdoor Roth IRA once and for all
Help me understand a backdoor Roth IRA once and for all Currently I have one ROTH IRA, one Traditional IRA, and a brokerage account. I max my ROTH out every year. I make 100k average a year. I am not eligible for a conversion because I already have a traditional IRA and a ROTH? Even if I didn't, I would just convert a traditional into a ROTH, every year?
submitted by /u/TraveldaHospital
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