Backdoor Roth IRA advise
Backdoor Roth IRA advise I am over the income limit for IRA contribution. I have a 401k and no IRA. Wife has 410k and 401k rolled over to IRA from previous employer. I am 51 years old. Does it make sense for me to open a backdoor Roth IRA now? I saw that for 2024 I have time till April to do this. Is this a straight forward this to do .. contribute to IRA and immediatel...