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Please explain backdoor Roth IRA like I’m in kinder. Trying to understand if I’m doing the right thing.
Please explain backdoor Roth IRA like I'm in kinder. Trying to understand if I'm doing the right thing. Hi all! 🙂 So, background on my situation. I'm 42 years old, left my job last month. I have a traditional 401K that currently has 114k. Due to some personal circumstances will not be getting a new job for several months (possibly the rest of this year). I WAS going to cash out and yes I'm aware what a bad idea it is, when I called my plan admini...
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